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MicroStrategy Makes a 2.1 Billion Bitcoin Bet

MicroStrategy Shells Out $2.1B for Bitcoin in Massive Year-End Buy

MicroStrategy has added 21,550 bitcoins to its holdings in a massive $2.13 billion purchase, marking one of the largest institutional bitcoin acquisitions of 2024. The company paid an average of $98,783 per bitcoin in a series of purchases between December 2-8, according to an SEC Form 8-K filing released December 9. The acquisition brings MicroStrategy's…

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