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…
Gabriel Okokhuele Eromonsele
Trained in investigative methods and narrative journalism, Gabriel Okokhuele has been breaking complex blockchain stories before they hit the mainstream. The University of Nigeria graduate has been cited in various national outlets since 2021 and has translated regulatory shifts and market data into insights that seasoned traders and first‑time investors rely on.
