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CoinGape

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Business & Economics

MicroStrategy purchased 6,556 BTC for $555.80 million between April 14 and 20

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Summary
Nutrition label

59% Informative

MicroStrategy purchased 6,556 BTC for $555.80 million between April 14 and 20 .

The company now holds 538,200 BTC, which it acquired for $36.47 billion at an average price of $ 67,766 per bitcoin.

This is Strategy’s second consecutive weekly purchase of Bitcoin .

Strategy has indicated that it plans to continue purchasing BTC in the foreseeable future through stock sales.

VR Score

37

Informative language

26

Neutral language

73

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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