MicroStrategy Increases Bitcoin Corporate Treasury Holdings to 402100 BTC in December Acquisition
MicroStrategy has fortified its position in Bitcoin by adding 15400 BTC to its corporate treasury, bringing its total holdings to an impressive 402100 BTC. The purchase, amounting to $1.5 billion, occurs as major mining companies pivot towards hold strategies rather than liquidation of their Bitcoin reserves. This move showcases MicroStrategy’s confidence in Bitcoin’s future. How will this strategic acquisition shape the Bitcoin market?