MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC By Cointelegraph

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© Reuters.

MicroStrategy, a business intelligence firm and major (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency.

Michael Saylor, co-founder and executive chairman of MicroStrategy, took to X (formerly Twitter) on Sept. 25 to announce a 5,445 BTC purchase by the firm. The coins were bought for $147.3 million in cash at an average price of $27,053 per BTC.