Connect with us

Cryptocurrency News

MicroStrategy Buys Additional 13,005 Bitcoins and Now Holds Over 105,000 BTC

Published

4 years ago

on

Microstrategy announces to buy more Bitcoin

MicroStrategy, the business intelligence company today announces that it has purchased an additional 13,005 Bitcoins worth $489 million (approx.) in cash. All 13,005 bitcoins have been purchased at an average price of approximately $37,617 per bitcoin, including fees and expenses.

Michael Saylor, tweets about this additional purchase of Bitcoin, he says, “MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin.”

With this additional purchase of 13,005 bitcoins, MicroStrategy now holds a total of 105,085 bitcoins acquired for ~$2.741 billion. Now the average price of all Bitcoin purchase of MicroStrategy is ~$26,080 per bitcoin.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Related Topics:

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.