MicroStrategy's Next Bitcoin Purchase Is Likely to Take Its Holdings Above Grayscale's GBTC
Briefly

MicroStrategy has consistently raised capital to fund its bitcoin purchases, now holding 252,220 bitcoins, while Grayscale's assets in bitcoin have dwindled significantly since January.
MicroStrategy's aggressive strategy has positioned it to potentially become the fifth largest holder of bitcoin, with plans to utilize over $1 billion in capital to expand its holdings further.
The contrast between MicroStrategy and Grayscale illustrates a significant shift in bitcoin holding patterns, highlighting MicroStrategy's innovative capital markets approach and Grayscale's decline in assets.
With MicroStrategy's average purchase price around $39,000 and current prices near $64,000, its bitcoin holdings have gained significant value, now estimated at approximately $16 billion.
Read at Coindesk
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