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MicroStrategy Keeps Stacking Sats With Additional $15M Bitcoin Buy
MicroStrategy has bought another 328 bitcoin, bringing its total to 90,859 BTC.
Di Zack Voell
MicroStrategy (MSTR) still isn't done buying bitcoin, although its latest purchase is significantly smaller than usual.
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- The business intelligence firm announced its purchase of an additional 328 BTC for $15 million in cash on Monday.
- The business intelligence company's latest investment comes less than a week after it spent over $1 billion on bitcoin.
- To date, MicroStrategy hold 90,859 BTC with an average purchase price of $24,063.
- That total is worth around $4.38 billion on the market at press time.
- CEO Michael Saylor tweeted the holdings had been bought for around $2.186 billion, meaning the firm is already sitting on a roughly $2 billion profit.
See also: Corporate Treasuries Are Figuring Out Bitcoin on the Balance Sheet
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
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- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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