MicroStrategy doles out $240M on additional Bitcoin purchase
The company's Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition. Business intelligence outfit and corporate Bitcoin (BTC) whale MicroStrategy has increased its BTC ownership with the additional purchase announced on Monday.MicroStrategy CEO Michael Saylor announced the purchase of 5,050 BTC for about $242.9 million at an average of $48,099 per coin.In a Form 8-K filing with the United States Securities and Exchange Commission published on Monday, MicroStrategy stated that it has added 8,957 BTC to its corporate Bitcoin treasury in Q3 2021.As....
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An analyst has pointed out how the latest Bitcoin purchase by Microstrategy could explain a pattern observed in this metric recently. Microstrategy’s Purchase Behind Recent Positive Coinbase Premium? Yesterday, Michael Saylor’s Microstrategy announced that it has acquired an additional 5,445 BTC at a cost of $147.3 million. In a post on X, Maartunn, the CryptoQuant […]
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins.
Microstrategy Purchases More Bitcoin for Its Treasury
The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday:
Macrostrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at an average price of ~$45,714 per bitcoin. As of 4/4/22 Microstrategy hodls ~129,218 bitcoins acquired for ~$3.97 billion....
MicroStrategy has announced an additional Bitcoin purchase to the tune of $489 million. MicroStrategy has bought even more Bitcoin (BTC) despite the current price struggles for the largest crypto by market capitalization.According to an announcement on Monday, the business intelligence firm purchase 13,005 BTC at an average price of $37,617 for a combined total of about $489 million.Monday's report takes MicroStrategy's Bitcoin balance sheet north of the 100,000 mark with the firm now holding 105,085 BTC.At the current BTC spot price, MicroStrategy's Bitcoin holdings are worth $2.74....
The cryptocurrency space was rocked with the news last week that MicroStrategy would be purchasing an additional stash of Bitcoin. The firm will be purchasing $650 million worth of BTC. This means, according to data compiled by Messari, that the firm may soon own upwards of 0.4% of all Bitcoin circulating. MicroStrategy Confirms Impending Purchase of BTC The Bitcoin space was rocked with news last week that MicroStrategy would be purchasing an additional stash of […]
CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday. MicroStrategy, a Virginia-based business intelligence firm, has added another 271 Bitcoin (BTC) to its strategic reserves, underscoring CEO Michael Saylor’s growing conviction in the digital asset. The purchases were made through May 13 for an average price of $55,387, Saylor disclosed on Thursday. MicroStrategy now has 91,850 BTC on its books for an average purchase price of $24,403. MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per #bitcoin. As of....