MicroStrategy Holds Steady with 499,096 BTC Amid Market Fluctuations
- MicroStrategy did not purchase Bitcoin between February 24 and March 2.
- The company also refrained from selling any shares of class A common stock during this period.
- MicroStrategy currently holds 499,096 BTC, acquired at an average price of $66,357 per BTC.
- The company remains the largest public holder of Bitcoin, surpassing MARA holdings.
- Despite a recent crypto market crash, MicroStrategy’s stock rebounded as Bitcoin prices recovered above $90,000.
MicroStrategy maintained its Bitcoin holdings at 499,096 BTC last week without making new purchases or selling shares. Despite a market downturn that saw Bitcoin prices dip below $80,000, the company’s stock has since bounced back in line with Bitcoin’s recovery.
Source (2.6)https://coingape.com/microstrategy-failed-to-purchase-bitcoin-last-week-still-holds-499096-btc/?rand=24432
