MicroStrategy buys another $1.1 billion in BTC amid market volatility
Due to current volatility, the company’s latest BTC purchase has resulted in a net loss of $2.2 million.

Due to current volatility, the company’s latest BTC purchase has resulted in a net loss of $2.2 million.
Disabling automatic media downloads on Telegram Desktop can potentially mitigate the reported vulnerability, although Telegram itself has categorised the threat as likely to be a hoax.
Since the end of September 2023, MicroStrategy has acquired large amounts of BTC while taking advantage of market fluctuations, keeping the average acquisition price below BTC’s current price.
MicroStrategy capitalizes on Bitcoin's surge, earning $600 million in a day and nearing a $1 billion gain in 2024. Despite MicroStrategy's stock facing challenges, CEO Michael Saylor sees Bitcoin as the empowering force behind the company's success, emphasizing its outperformance relative to traditional assets. Closing Remark: MicroStrategy's reliance on Bitcoin, while financially beneficial, raises concerns about the volatility impact on its stock performance, highlighting the delicate balance between digital and traditional assets.
the company has ended its credit agreement with Silvergate and reclaimed the 34,619 BTC that was being held as collateral
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