MicroStrategy Trumps BlackRock With New 12,000 BTC Buy at $72,000 Bitcoin Price

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MicroStrategy's purchase of 12,000 Bitcoins at $72,000 each solidifies its lead in corporate Bitcoin ownership, surpassing BlackRock

, under the leadership of CEO Michael Saylor, has made a significant move on the cryptocurrency market with its recent acquisition of an additional 12,000 Bitcoin for approximately $821.7 million. The purchase, funded by proceeds from convertible notes and excess cash, was executed at an average price of $68,477 perMicroStrategy has acquired an additional 12,000 BTC for ~$821.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

 

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