U.S. markets closed

  • S&P 500

    3,811.15
    -18.19 (-0.48%)
     

  • Dow 30

    30,932.37
    -469.64 (-1.50%)
     

  • Nasdaq

    13,192.35
    +72.92 (+0.56%)
     

  • Russell 2000

    2,201.05
    +0.88 (+0.04%)
     

  • Crude Oil

    61.66
    -1.87 (-2.94%)
     

  • Gold

    1,733.00
    -42.40 (-2.39%)
     

  • Silver

    26.70
    -0.98 (-3.56%)
     

  • EUR/USD

    1.2088
    -0.0099 (-0.81%)
     

  • 10-Yr Bond

    1.4600
    -0.0580 (-3.82%)
     

  • GBP/USD

    1.3921
    -0.0091 (-0.65%)
     

  • USD/JPY

    106.5500
    +0.3200 (+0.30%)
     

  • BTC-USD

    47,715.50
    +432.12 (+0.91%)
     

  • CMC Crypto 200

    912.88
    -20.25 (-2.17%)
     

  • FTSE 100

    6,483.43
    -168.53 (-2.53%)
     

  • Nikkei 225

    28,966.01
    -1,202.26 (-3.99%)
     

MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Danny Nelson
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Business intelligence company MicroStrategy bought 314 bitcoin for $10 million on Friday, piling on in a market that was down as much as 15% only one day before.

  • CEO Michael Saylor said in a tweet the coins cost an average of $31,808. He said the purchase conforms with MicroStrategy’s treasury reserve policy.

  • This is MicroStrategy’s first treasury padding since splurging $600 million on the market-leading cryptocurrency following a debt raise.

This is a developing story.

Related Stories