MicroStrategy Buys Another $2.1 Billion Worth of Bitcoin
$Microsoft(MSFT)$ shareholders are about to vote on adding Bitcoin $Grayscale Bitcoin Mini Trust(BTC)$ to their treasury. Can we expect a new corporate FOMO wave?
Based on the recent news, here are the companies that have recently purchased Bitcoin:
MicroStrategy $MicroStrategy(MSTR)$ : MicroStrategy has been actively buying Bitcoin, with the latest purchase of 21,550 bitcoins for approximately $2.1 billion, bringing its total holdings to 423,650 BTC, worth nearly $41.5 billion at current prices .
Riot Platforms $Riot Platforms(RIOT)$ : Bitcoin miner Riot Platforms announced a $500 million convertible note offering to buy more Bitcoin .
Block, Inc. (formerly Square) $Block(SQ)$ : By June 2024, Block held 8,027 BTC, worth around $573 million .
Galaxy Digital Holdings: This crypto-focused merchant bank holds 8,100 BTC, with a dollar value of its holdings in June 2024 being just shy of $578 million .
CleanSpark $CleanSpark, Inc.(CLSK)$ : A U.S. Bitcoin mining firm that holds 6,154 BTC .
Semler Scientific: A healthcare technology company that recently acquired 303 Bitcoin worth $29.3 million, increasing its total Bitcoin holdings to 1,873 BTC .
These companies' recent purchases indicate a growing institutional interest in $Bitcoin(BTC.USD.CC)$ , especially with the approval of Bitcoin ETFs by the SEC and the increasing acceptance of Bitcoin as a reserve asset.
Below are companies consider to buy and hold $Bitcoin(BTC.USD.CC)$
Marathon Holdings $MARA Holdings(MARA)$ and Semler Scientific (SMLR) $Semler Scientific, Inc.(SMLR)$ : These companies have also announced their intention to acquire more Bitcoin .
Microsoft $Microsoft(MSFT)$ shareholders will cast their votes on whether the company should publicly assess adding Bitcoin to its balance sheet on Dec. 10.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- LEESIMON·2024-12-10🩷GoodLikeReport