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Home Crypto News

Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally

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November 12, 2024
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Bitcoin Tops K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally
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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.

Tags: 24Year88KBitcoinCatapultingCryptoMicroStrategyRallyrecordsuperchargedtops
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