When it comes to Bitcoin-loving companies, the first name that comes to mind is Microstrategy. The company, which has been on the agenda frequently with its heavy BTC purchases for a long time, recently made its last purchase by purchasing 9,000 Bitcoins.
Moreover, it was confirmed by Michael Saylor that the company will not be content with this and will make new purchases. The company, which increased the amount of BTC in its hands to 114,042 with this last purchase, has 7 billion dollars of BTC.
In the 3rd quarter report published yesterday by Microstrategy, it was stated that the company spent $ 3.1 billion on all BTC in its hands. Roughly counting, the company bought 1 Bitcoin for $27,713.
What’s the Company’s Plan?
Microstrategy CEO Saylor stated that they will continue to buy Bitcoin as a company and that they do not intend to sell their BTCs in the long run.
The company’s stable attitude and trust in Bitcoin has encouraged many people and companies about cryptocurrencies, especially Bitcoin. Names such as Raoul Pal, Tesla and Square are just a few of them.
As a matter of fact, Saylor advised Tesla CEO Elon Musk to invest in Bitcoin in December 2020, and Tesla announced that he had purchased $1.5 billion worth of Bitcoin two months later.
How Many BTC Does Saylor Have?
In a statement on the subject, the famous CEO stated that he had 1.08 billion dollars worth of BTC in his personal wallet, and that 17,732 Bitcoins he owned were purchased for an average of $ 9,882. Moreover, he emphasized that the said purchases were made much earlier than the company’s BTC purchase recommendations.