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International Business Times

Business

Marvie Basilan

MicroStrategy Topples BlackRock's IBIT After Latest 12K Bitcoin Buy

Bitcoin MicroStrategy BlackRock Michael Saylor Alphabet Crypto Gold Meta

MicroStrategy's Bitcoin holdings have now exceeded 200,000. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

MicroStrategy said it purchased 12,000 more Bitcoin within a two-week period
BlackRock's spot BTC ETF, IBIT, reportedly held nearly 198,000 Bitcoin before MicroStrategy's latest buy
Bitcoin's market valuation has exceeded silver, is higher than Meta's, and is inching closer to Alphabet

Business intelligence firm MicroStrategy has returned to the top spot of known corporate companies with the largest Bitcoin holdings as it announced another 12,000 BTC added to its vast trove of the world's first decentralized cryptocurrency.

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