Binance Will Support the MultiversX (EGLD) Network Upgrade h | jamoh0700 on Binance Square

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Binance Will Support the MultiversX (EGLD) Network Upgradehttps://www.binance.com/en/support/announcement/2eafd70bfca44bb095a7e8b5b032e8a2

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#MicroStrategyAcquiresBTC MicroStrategy, a business intelligence firm, has garnered significant attention for its substantial investments in Bitcoin. As of December 16, 2024, the company held approximately 439,000 bitcoins, acquired at an aggregate purchase price of around $27.1 billion, averaging $61,725 per bitcoin. The company's strategy involves using various financial instruments, including issuing equity and zero-coupon debt, to fund its Bitcoin acquisitions. This approach has led to a significant increase in its Bitcoin holdings over time. MicroStrategy's stock (MSTR) has experienced substantial growth, with a year-to-date increase of over 400% as of December 2024. This surge is closely tied to the company's Bitcoin holdings and the overall performance of the cryptocurrency market. In recognition of its market influence, MicroStrategy was added to the Nasdaq-100 Index on December 23, 2024. This inclusion reflects the company's prominence in the tech and financial sectors. As of January 29, 2025, MicroStrategy's stock is trading at $335.94 USD. The hashtag #MicroStrategyAcquiresBTC is commonly used on social media platforms to discuss the company's ongoing Bitcoin acquisition strategy and its implications for both the firm and the broader cryptocurrency market.

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