MicroStrategy Buys Another $94 Million Worth of BTC Amid $49K

MicroStrategy – the company, spearheaded by one of the most popular and prominent Bitcoin permabulls, Michael Saylor – announced today that it had bought another $94 million worth of BTC.

MicroStrategy has definitely made a name for itself in the past couple of years when it comes to acquiring BTC.
Today, Saylor announced that the company has bought another 1,914 bitcoins for roughly $94.2 million in cash.
The average price of the buy was around $49,229 per BTC.
At the time of this writing, the company owns 124,391 BTC, which is currently worth around $3.75.
The average price that MicroStrategy has on its bitcoin purchases is approximately $30,159.

MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin. As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin. $MSTRhttps://t.co/tNxDwaT8VD

— Michael Saylor (@saylor) December 30, 2021

Read More?

Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is not responsible for your actions. No rights owned by G6. To remove the post, please email us at [email protected]

No Comments

Sorry, the comment form is closed at this time.