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CoinGape

CoinGape

MicroStrategy buys 55,500 BTC for $5.4 billion and now holds 386,700 BTC

CoinGape
Summary
Nutrition label

62% Informative

MicroStrategy has bought an additional 55,500 BTC between November 18 and 24 for an average price of $ 97,862 per bitcoin.

The software company now holds 386,700 BTC, which it acquired for $21.9 billion .

The company is the fourth -largest Bitcoin holder, behind Satoshi Nakamoto , Binance, and BlackRock .

VR Score

42

Informative language

32

Neutral language

80

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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