MicroStrategy spends $101 M on 1,550 Bitcoin, easing crypto market panic
MicroStrategy disclosed in a SEC 8‑K that it bought 1,550 BTC for $101.3 million at $65,332 each, funded by $181 million of stock sales. The purchase reversed a week‑old sell‑off that had driven Bitcoin below $60k, stabilizing prices and boosting confidence in the crypto market.