MicroStrategy Buys 520 BTC Over Weekend, Expands USD Reserve to $1.4B

BTC0.47%
According to a post from Michael Saylor on X, MicroStrategy announced over the weekend that it acquired an additional 520 Bitcoin for $35 million, bringing its total holdings to 847,363 BTC. The company also increased its USD reserve by $300 million to $1.4 billion to strengthen the credit quality of its Digital Credit securities and maintain its capital structure for future operations.
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