Crypto stocks drop after U.S. presidential debate

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Microstrategy (MSTR) acquires a further $1.11B in bitcoins

September 13, 2024 8:46 AM EDT

Microstrategy, Inc. (NASDAQ: MSTR) has expanded its already sizable bitcoin holdings with a new purchase of approximately 18,300 bitcoins, the company revealed in a regulatory filing on September 13, 2024.

The acquisition, which took place between August 6 and September 12, 2024, amounted to $1.11 billion in cash, with an... More