25 million announced during the day bitcoin brought about by the acquisition MicroStartegy The company announced its balance sheet for the fourth quarter of 2021.
According to the announced balance sheet, as of 31 December 2021, 124,391 to bitcoin MicroStartegy, which owns BTC, paid $ 3,752 billion. This means that the cost of Bitcoin is $ 30,159.
The following statements regarding the company’s 4th quarter performance were included in the balance sheet statement:
“After successfully raising capital last quarter, we significantly expanded our BTC holdings, adding more than 10,300 Bitcoins to our holdings.
Today, MicroStrategy is the world’s largest publicly traded institutional BTC holder, with more than 125,000 holdings. We will continue to evaluate additional capital raising opportunities to continue our Bitcoin acquisition strategy.”
The company stated that its total revenues in the fourth quarter increased by 2.4 percent compared to the same period of 2020 and reached 134 million 500 thousand dollars.
MicroStrategy Continues Bitcoin Purchases!
Looking at the digital assets owned by MicroStrategy, it was stated that as of December 31, 2021, the book value of the company’s digital assets consisting of 124,391 BTC was $2,850 billion ($22,913 per Bitcoin).
As of December 31, 2021, BTCs owned by MicroStrategy cost $3,752 billion ($30,159 cost per BTC), with a market cap of $5,707 billion (average market cap of one BTC $45,879).
MicroStrategy CEO Michael Saylor announced that they bought another 660 Bitcoins for an average price of $37,865 and $25 million in cash today evening.
Michael Saylor also had an interview with Jack Dorsey, the former CEO of Twitter, on Bitcoin today.
*Not investment advice.