Microstrategy Goes Bigger! 18,300 BTC in One Swoop, $1.1B in a Single Season!

By alberdioni8406 | Barraca Crypto | 15 Sep 2024


Microstrategy announced one more buy of Bitcoin yesterday, taking their stash to more than 244,000 BTC worth more than 9.5 Billions, but how all that started? It all started in July 2021 when for the first time Microstrategy, impulsed by a desire of its boss at the time bought 8,957 Bitcoins.

Those Bitcoins were the start of a new era on the Microstrategy balance sheet, as they never stopped after that and keep buying almost every year, and after 3 years the company bagged more than 244,000 BTC being the buys registered yesterday the biggest one bought in just one season as their secured 18,300 Bitcoin worth astonishing $1.1B.

All those buys put Microstrategy in the map of the most powerful companies HODL Bitcoin and that's not all. The company is inspiring other ones such as the Japanese, Microplanet, that holds a nice chunk of Bitcoin on their balance sheet.

If we put together, Microstrategy and Blackrock, the most powerful holder Bitcoin ETF in the market, these two have more than 600,000 Bitcoin valued at more than $35 billion in actual market values. This is huge. Remember:

CONTENT IS KING!

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