With the price of Bitcoin, the cryptocurrency giant, approaching $100,000, MicroStrategy, a corporate software company known for its "bitcoin big hand," continues to sell Bitcoin.
The company's co-founder, Michael Saylor, said MicroStrategy purchased 55,500 more Bitcoin from the 18th to the 24th.
This brings MicroStrategy's holdings to 386,700, representing about 2% of the 19.8 million Bitcoin in circulation today.
Since 2020, it has bought bitcoin as a means of diversifying inflation risk based on company operating funds, but has since been actively buying bitcoin with the money it issued in stocks or convertible bonds.
MicroStrategy continues to buy Bitcoin amid predictions that the easing of virtual currency regulations could push the price of Bitcoin to $500,000 under Trump's second term.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
The company's co-founder, Michael Saylor, said MicroStrategy purchased 55,500 more Bitcoin from the 18th to the 24th.
This brings MicroStrategy's holdings to 386,700, representing about 2% of the 19.8 million Bitcoin in circulation today.
Since 2020, it has bought bitcoin as a means of diversifying inflation risk based on company operating funds, but has since been actively buying bitcoin with the money it issued in stocks or convertible bonds.
MicroStrategy continues to buy Bitcoin amid predictions that the easing of virtual currency regulations could push the price of Bitcoin to $500,000 under Trump's second term.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
International
More- U.S. Special Counsel Dismisses Prosecution of Trump Case...Resolving all judicial risks.
- Trump "Tariffs 25% on Mexican and Canadian products as soon as he takes office"
- Israel-Hezbollah ceasefire 'tentative agreement'...U.S. "Optimized at Final Deal"
- U.S. Court Dismisses Trump Criminal Case..."Judicial Risk Ends"
![[Gyeonggi] Ansan City to create 32 additional barefoot walking trails next year.](https://www.ytn.co.kr/img/news/default_img.jpg)
![Lee Jaeyong's laughter disappeared...The Samsung crisis that Chey Tae-won saw. [Y Record]](https://image.ytn.co.kr/general/jpg/2024/1126/202411260819460530_h.jpg)
![[Exclusive] "Deepfake victim's personal information leaked"...Office of Education belatedly "prevent recurrence"](https://image.ytn.co.kr/general/jpg/2024/1126/202411260511353326_h.jpg)
![[Focus Y] Jung Woo-sung, who became "Dad," how much does Moon Gabi's son have to pay for child support?](https://image.ytn.co.kr/general/jpg/2024/1126/202411260937546999_h.jpg)
