Web Analytics
Sunday, September 8, 2024

MicroStrategy Increased Investments In Bitcoin By $ 240 Million

The largest cryptocurrency holder among public companies now owns 114 thousand BTC, the value of which exceeds $ 5 billion. The market capitalization of MicroStrategy itself is $ 6 billion

The largest cryptocurrency holder among public companies – MicroStrategy has increased its investments in bitcoin. The software developer purchased 5,050 bitcoin for $ 242.9 million at an average price of $ 48,000 per digital coin.

MicroStrategy CEO Michael Sailor announced this on Twitter :

As of September 12, the company owns 114 thousand bitcoin, the purchase of which was spent $ 3.16 billion. The average cost of one bitcoin is $ 27.7 thousand.

The market value of the first cryptocurrency, which is owned by MicroStrategy, exceeds $ 5 billion (according to the current exchange rate at 16:20 MSC September 13). At the same time, the market capitalization of the company itself is $ 6 billion.

The last time MicroStrategy invested in bitcoin was at the end of August. Then the company bought a cryptocurrency for $ 177 million.

The head of the company, Michael Sailor, is an active supporter of the first cryptocurrency. He said that bitcoin would become the main store of value for the 21st century, and called the tightening of mining and crypto trading regulation in China a trillion dollar mistake.

Page Visit Tracker
Visited Pages: 0 /
Please Wait 30 Seconds ⏱

Related Articles

Stay Connected

3,477FansLike
4,500FollowersFollow
1,200FollowersFollow
3,912FollowersFollow
1,222SubscribersSubscribe

Best Crypto Apps: Your Guide to Navigating the Digital Currency World

crypto apps, best crypto apps, cryptocurrency apps, digital currency apps, blockchain apps, bitcoin apps, ethereum apps, trading apps, investment apps, wallet apps, mobile apps, desktop apps, user-friendly apps, secure apps, fee-efficient apps, supported cryptocurrencies, additional features, coinbase, binance, robinhood, crypto.com, eToro, security, user experience, fees, features, mobile app experience, customer support, investment goals, preferences, research, financial advisor, investment decisions
0
Have you ever wondered which crypto app is the right fit for your digital currency journey? With...

OKX: A Secure and Feature-Rich Crypto Exchange for All Levels

okx crypto, okex exchange, crypto exchange review, cryptocurrency trading, margin trading, perpetual futures, staking, earning, blockchain, bitcoin, ethereum, altcoins, nft, crypto wallet, trading platform, investment, financial markets, technology, online trading, financial services, fintech, digital assets, cryptocurrency news, crypto analysis, crypto trends, crypto education, crypto community, crypto enthusiasts, trading tips, crypto strategies, crypto advice
0
In the ever-evolving world of cryptocurrency, choosing the right exchange can feel overwhelming. With countless platforms vying...

Latest Articles

Random

Advertise here