FTX pulls plug on Anthropic stake sale, miners move over $1 billion & more

Gobbles up Bitcoin like there’s no tomorrow

MicroStrategy, the business software giant, has recently added 12,333 Bitcoin to its holdings, investing around $347 million. The acquisition was disclosed in a filing with the Securities and Exchange Commission on Wednesday. This brings MicroStrategy’s total Bitcoin holdings to 52,333 coins, which have been amassed for a staggering $4.52 billion at an average price of $29,668 per coin, as shared by the company’s co-founder and chairman, Michael Saylor, on Twitter. As of Wednesday morning, Bitcoin was experiencing a slight dip in its trading value, standing at approximately $30,200, marking a 2 percent decrease. Notably, this is not the company’s first foray into the cryptocurrency market. In April, MicroStrategy acquired 1,054 Bitcoins by investing about $29.3 million in cash, translating to an average cost of $28,016 per coin. Read more here