MicroStrategy buys more bitcoins causing price surge, but Bitcoin price dips 3%.

From Cointelegraph

November 18, 2024 09:19:57 AM:

MicroStrategy announced that it purchased an additional 16,796 bitcoins for $175 million, bringing their total holdings to 91,579 bitcoins. This news caused Bitcoin’s price to surge by 8% to nearly $40,000. The company now holds approximately $3.6 billion worth of Bitcoin in total.

Read more at Cointelegraph: Bitcoin price dips 3% as liquidity hunt follows $4.6B MicroStrategy buy