MicroStrategy 1,045 for a total purchase price of approximately $29.3 million bitcoin bought more announced.
MicroStrategy has acquired an additional 1,045 #bitcoins for ~ $29.3M at an average price of $28,016 per bitcoin. Ace of 4/4/2023 @MicroStrategy holds 140,000 bitcoins acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR https://t.co/IBufTxalnv
NEWS CONTINUES BELOW— Michael Saylor⚡️ (@saylor) April 5, 2023
According to a recent filing with the United States Securities and Exchange Commission (SEC), the new purchase was made between March 24 and April 4 at an average price of $28,016 per coin.
With this latest purchase, the company’s Bitcoin vault has reached a staggering 140,000 coins. These coins were obtained at a total purchase price of approximately $4.17 billion. The company’s average purchase price currently stands at $29,803 per Bitcoin.
Koinfinans.com As we have reported as Bellwether cryptocurrency The unit is currently trading at $28,564 on the Bitstamp exchange. This means that MicroStrategy has yet to break even after facing huge losses in 2022 due to the bear market.
At the end of March, the company also announced that it had purchased a $150 million worth of Bitcoin.
MicroStrategy has played an important role in the institutional adoption of the leading cryptocurrency, with its initial investment in cryptocurrency in August 2020. Since then, the company has continued to expand its Bitcoin holdings, making it the largest institutional owner of the digital asset.