Self-described Bitcoin Development Company MicroStategy (MSTR) added to its bitcoin { {BTC}} stack, purchasing 51,780 tokens for $4.6 billion over the six days ended Sunday.

The bitcoin maximalist is bullish on the cryptocurrency in the aftermath of Trump's successful White House bid.

What is driving the growth? While Bitcoin has been steadily growing from its relative low in September, it absolutely exploded after the election. At one point on the campaign trail, President-elect Donald Trump said that he wanted to make the U.

MicroStrategy founder Michael Saylor says he's planning a New Year's Eve party to celebrate an expected $100,000 Bitcoin price.

Michael Saylor projects Bitcoin hitting $100,000 by year-end and emphasizes the potential benefits of the US Strategic Bitcoin Reserve Bill.

1 Top Cryptocurrency to Buy Before It Soars 16,939%, According to MicroStrategy Chief and Billionaire Michael Saylor was originally published by The Motley Fool The Bitcoin Dominance Index, which measures bitcoin's share of the overall crypto market, has reached its highest level since March 2021.

In an SEC filing Monday, MicroStrategy said that it acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash, at an average price of approximately $88,627 per bitcoin, inclusive of fees and expenses.

Key Takeaways MicroStrategy purchased another $4.6 billion worth of bitcoin last week.The company's total bitcoin holdings are now worth roughly $30 billion.MicroStrategy sold around 13.6 million shares to fund the most recent bitcoin purchase.

The business software firm acquired ~51,780 bitcoins ( BTC-USD) for ~$4.6B, at an average price of ~$88,627 per bitcoin, between Nov. 11 and Nov. 17, the company said. On Nov. 18, MicroStrategy ( NASDAQ: MSTR) sold almost 13.