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MicroStrategy buys nearly 80,000 BTC in November, outpacing US Bitcoin ETF purchases

The Michael Saylor-led firm now holds more than 330,000 BTC, which valued at around $30 billion.

CryptoSlate

Nov 18

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Happy Monday!

In today's CryptoSlate newsletter, we explore significant developments in the cryptocurrency world, including MicroStrategy's impressive acquisition of nearly 80,000 BTC this month, bringing its total holdings to over 330,000 BTC valued at around $30 billion. Meanwhile, Metaplanet is seeking $11 million for Bitcoin purchases by leveraging real estate and offering innovative benefits to shareholders. In Poland, a presidential candidate aims to establish a national Bitcoin reserve using insights from the Satoshi Action Fund. Lastly, Bitdeer reports a $50 million loss due to the Bitcoin halving and increased R&D expenses but remains committed to advancing its technology initiatives. Stay tuned for more insights on these impactful stories!

🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game.

The global crypto market cap is $3.1 trillion, with a 24-hour volume of $172.82 billion. The price of Bitcoin is $92,530.73, and BTC market dominance is 58.9%. The price of Ethereum is $3,155.94, and ETH market dominance is 12.2%. The best-performing sector is Advertising, which gained 12%. The Crypto Fear & Greed Index is currently Greed (83).