MicroStrategy buys $4.6B in Bitcoin, total holdings top $29B

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MicroStrategy (MSTR) has made its largest bitcoin (BTC-USD) purchase to date, acquiring $4.6 billion worth of cryptocurrency over the past week. This brings the company’s total bitcoin holdings to over $29 billion, making it one of the wealthiest corporations in terms of financial assets.

Catalysts Co-hosts Brad Smith and Madison Mills break down how MicroStrategy has transformed into a bitcoin investment company, with its stock now closely tied to bitcoin's performance.

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

This post was written by Cindy Mizaku.