Microstrategy, one of the largest institutional investors in Bitcoin, announced in its latest notification to the SEC that it has purchased 6455 more Bitcoins.
The acquisition took place between February 16, 2023 and March 23, 2023.
The value of the BTCs bought by the company was $ 150 million, while the last purchase cost was $ 23,238.
With the last purchase, Microstrategy’s holdings of BTC rose to 138,955, while the company’s overall BTC cost fell to $29817.
“MicroStrategy purchased approximately 6,455 bitcoins with MicroStrategy’s subsidiaries between February 16, 2023 and March 23, 2023 for approximately US$150.0 million in cash and an average of US$23,238 per BTC.
As of March 23, 2023, MicroStrategy, together with its subsidiaries, has approximately 138,955 bitcoins purchased at a total purchase price of approximately $4.14 billion and an average purchase price of approximately $29,817 per bitcoin, including fees and expenses.”
Don’t forget to follow us on Twitter and turn on notifications for such last-minute developments.
Microstrategy 6,455 #Bitcoin he bought.
The average price for the $150 million purchase is $23,238.
— Bitcoin System (@bitcoinsystem) March 27, 2023
MicroStrategy Closed Bitcoin Credit!
In addition, in the notification made to the SEC, it was stated that the $205 million loan from Silvergate was paid with an early payment and 22% discount, and the BTCs given as collateral were taken back.
MicroStrategy repaid its $205M Silvergate loan at a 22% discount. Ace of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoins & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. https://t.co/ALp9VLkTpt
— Michael Saylor⚡️ (@saylor) March 27, 2023
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!