Crypto

MSTR Raising $42B to Buy More Bitcoin (BTC)

MicroStrategy made its most recent disclosure in mid-September, revealing the purchase of 7,420 bitcoins (BTC) for $458.2 million. This acquisition brought the company’s total holdings to 252,220 bitcoins, acquired for a total of $9.9 billion. The average price per bitcoin was $39,266 at the time. With the current price of bitcoin at about $72,000, MicroStrategy’s bitcoin holdings are now valued at over $18 billion.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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