MicroStrategy Bought $5.3 Million Bitcoin: Current Cost and Profit Situation!

MicroStrategy, which has one of the wallets holding the most Bitcoins, added new ones to these Bitcoins in October.

In its statement to the US Securities and Exchange Commission (SEC) on November 1, MicroStrategy stated that in October $5.3 million worth 155 BTC He stated that he bought it.

According to the company’s 2023 3rd quarter financial report, the average $29,586 at cost $4.69 billion worth 158,400 BTC is available. However, MicroStrategy 2nd quarter average since end $27,531 at cost $167.0 million worth 6,067 Bitcoins he bought.

MicroStrategy’s Bitcoin position compared to its average cost 889 million dollars in profit is available. On the other hand, MicroStrategy increased its cost slightly with the last update. Considering that Bitcoin is at $35,230, according to CoinGecko data, MicroStrategy expects approximately $5,600 positioned in the snow.

MicroStrategy announced at the end of September that it had purchased 5,445 BTC worth approximately $150 million. This amount was recorded as the company’s largest purchase in recent times.

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