Prosus made $2 billion on its investment for Swiggy
- Tencent's major shareholder made $2 billion on Swiggy
- Prosus and Naspers invested $1.3 billion for 31% before the IPO
- Now it will sell $500+ million worth of shares and retain a 25% stake
- Prosus has also become a shareholder in other startups in India
- It is expected that some of them may go for IPOs
- Shares of the meal delivery service rose 13% at IPO
- Swiggy's market value has reached about $11.7 billion
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MicroStrategy acquired 27.2k bitcoins worth more than $2 billion
- MicroStrategy acquired an additional 27.2 thousand bitcoins
- The amount totaled $2.03 billion, which is approximately $74.5k /pc.
- The company made the purchases between Oct. 31 and Nov. 10
- It is the largest corporate holder of bitcoins
- In total, the company owns approximately 279.4k bitcoins
- MicroStrategy's total spending on them amounted to $11.9 billion
- That is, the average purchase