Cryptocurrencies
MicroStrategy Buys More Bitcoin for Seventh Consecutive Week
This article is for subscribers only.
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
This marks the seventh week in a row of purchases for the Tysons Corner, Virginia-based dot-com-era software maker turned leveraged Bitcoin proxy.