bitcoinone of the largest institutional investors in MicroStrategy announced its balance sheet.
According to the company balance sheet, there was no change in MicroStrategy’s Bitcoin holdings.
The company made its last Bitcoin purchase on September 19, 2022 and purchased 301 BTC.
The company holds 130,000 Bitcoins and their average cost is $30639.
The former CEO of the company, Michael Saylor, states at every opportunity that Bitcoin investments are long-term and they do not have any thoughts of selling. Recent balance sheet data continue to confirm this approach.
The following statements were used in the section on digital assets in the balance sheet:
“As of September 30, 2022, MicroStrategy’s digital assets (approximately 130,000 bitcoins) were valued at $1,993 billion.
There is a cumulative impairment loss of $1,990 billion since this acquisition.
MicroStrategy spent $3,983 billion on Bitcoin purchases as of September 30, 2022. Its average cost per Bitcoin is $30639.
The value of the BTCs we have as of September 30 is $ 2.5 billion.”
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