4 months ago
Disclaimer: The expert who wrote this portion owns shares of MicroStrategy (MSTR).
MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, added to its bitcoin (BTC) holdings for a 12th consecutive week.
In the week ended Jan. 26, the institution bought 10,107 BTC, taking its full holdings to 471,107 BTC, Saylor wrote successful a station connected X. The purchase, astatine an mean terms of $105,596 per bitcoin, raised MicroStrategy's wide mean acquisition terms to $64,511.
Saylor teased the announcement connected Sunday, arsenic helium has done successful caller weeks, posting: "Don't halt reasoning astir tomorrow."
On Jan. 21, MicroStrategy shareholders approved expanding the authorized fig of Class A communal shares to 10.3 cardinal from 330 cardinal shares.
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