Yahoo Finance

MicroStrategy (MSTR) has continued its aggressive bitcoin (BTC-USD) acquisition strategy, marking its seventh consecutive week of purchases. In its latest move, the software company acquired 5,262 bitcoin tokens, investing approximately $561 million at an average price of $106,662 per bitcoin.

Catalysts co-hosts Brad Smith and Josh Lipton break down the details, discussing how MicroStrategy is funding these holdings.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Angel Smith