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Friday, October 18, 2024

MicroStrategy bought bitcoin for another $ 10 million

Now the software maker owns 92 thousand digital coins, which were spent on the purchase of $ 2.2 billion.

MicroStrategy acquired 229 bitcoins worth $ 10 million at an average cost of $ 43.6 thousand. Now, MicroStrategy manages 92 thousand bitcoins, the purchase of which was spent $ 2.2 billion. The average price of one purchased bitcoin is $ 24.4 thousand.

MicroStrategy has a paper profit of $ 1.8 billion from investments in bitcoin. The software maker is the largest holder of cryptocurrency among public companies, according to Bitcoin Treasuries. Tesla is on the second line, which owns 43.2 thousand bitcoins for a total of $ 1.9 billion.

MicroStrategy last bought cryptocurrency on May 13th. Then the company bought 271 bitcoins in the amount of $ 15 million at an average cost of $ 55.3 thousand.

On May 17, the cost of bitcoin fell to a local minimum since the beginning of February of $ 42 thousand amid rumors about the sale of cryptocurrency by Tesla, the asset is trading at $ 44.2 thousand.

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