MicroStrategy’s $786 million Bitcoin buy sees share value climb 3%

Oluwapelumi Adejumo

MicroStrategy purchased nearly 12,000 BTC for $786 million, according to a June 20 filing with the US Securities and Exchange Commission (SEC). Following the news, the company shares rose by 3% at pre-market trading to $1,507, according to Google Finance data. Bitcoin purchase The filing stated: “MicroStrategy acquired approximately 11,931 bitcoins for approximately $786.0 million […]

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Go here to Read this Fast! MicroStrategy’s $786 million Bitcoin buy sees share value climb 3%

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MicroStrategy’s $786 million Bitcoin buy sees share value climb 3%