MicroStrategy (MSTR), the Nasdaq-listed software company with the largest corporate bitcoin treasury, melted up 25%, closing the day at a new all-time high price of $340, overcoming its 24-year old record from the dotcom bubble era. The company announced on Monday that it acquired 27,200 BTC, bringing its total holdings to 279,420 bitcoin, worth about $24.5 billion at current price.
Source: https://www.coindesk.com/markets/2024/11/11/bitcoin-tops-88k-catapulting-microstrategy-to-24-year-record-amid-supercharged-crypto-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines