Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

Menu

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

in Tech

MicroStrategy Buys Bitcoin Worth $615.7 Million Ahead of Spot ETF Approval

by Editor December 28, 2023, 5:38 pm 2k Views

Software Firm MicroStrategy Buys Bitcoin Worth $615.7 Million Ahead of SEC

Software firm MicroStrategy said on Wednesday it had bought bitcoin worth about $615.7 million (Rs. 5,120 crore) in cash, amid growing expectations that the top US markets regulator will soon approve a spot bitcoin exchange traded fund (ETF).

The company and its subsidiaries purchased about 14,620 bitcoins at an average price of roughly $42,110 (roughly Rs. 35 lakh) between November 30 and December 26, according to a regulatory filing.

Shares…

Read the full article

Posted by Editor

Shopping For Real Estate

Only two areas in London saw property price rises in 2023

Alex Rodriguez.

A-Rod set to become majority owner of Timberwolves, Lynx

Back to Top

Close