News Explorer — MicroStrategy Continues to Grow Its Bitcoin Holdings, Now Owning 190,000 BTC Worth $8.2 Billion – Decrypt

News Explorer — MicroStrategy Continues to Grow Its Bitcoin Holdings, Now Owning 190,000 BTC Worth $8.2 Billion – Decrypt

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Feb 6, 10:03 pm

Decrypt

MicroStrategy Continues to Grow Its Bitcoin Holdings, Now Owning 190,000 BTC Worth $8.2 Billion

MicroStrategy, a software company, has announced that it bought an additional 850 BTC in January, bringing its total holdings to 190,000 BTC worth $8.2 billion. The company first started buying BTC in August 2020 as a way to provide better returns to shareholders. MicroStrategy’s stock has seen a 240% increase since it began its cryptocurrency strategy.

MicroStrategy, a software company, has announced that it bought an additional 850 BTC in January, bringing its total holdings to 190,000 BTC worth $8.2 billion. The company first started buying BTC in August 2020 as a way to provide better returns to shareholders. MicroStrategy’s stock has seen a 240% increase since it began its cryptocurrency strategy.

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