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Bitcoin (BTCUSD) Steadies as MicroStrategy Snaps Up $100M in Latest Buying Spree

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The Story

News Summary

  • MicroStrategy acquired an additional 1,587 BTC for $100 million, raising its total holdings to 846,842 BTC.
  • Despite carrying $8.1 billion in paper losses, the firm increased its USD reserves to $1.1 billion, easing investor concerns over its dividend obligations.
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77638.55 +15.89% over the displayed period

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