Fidelity Acquires 836.75 Bitcoin Valued at $97.7 Million

The investment firm’s latest purchase adds over $97 million in Bitcoin to its holdings.

BTC

Summary

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Terms & Concepts
  • Bitcoin (BTC): A decentralized digital currency operating without a central bank, using blockchain technology for secure peer-to-peer transactions.
  • Acquisition: The act of obtaining or buying an asset, such as cryptocurrency, by an individual or institution.