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Bitcoin Surge: MicroStrategy Buys 10,107 Coins

MicroStrategy Acquires 10,107 Bitcoin at Over $105K Each

  • MicroStrategy purchased 10,107 Bitcoin for $1.1 billion, averaging $105,596 per coin.
  • The company now holds a total of 471,107 Bitcoin.
  • The current value of their Bitcoin holdings is approximately $46.7 billion.
  • MicroStrategy has invested around $30 billion in Bitcoin at an average price of $64,500 per coin.
  • The latest purchase was funded through stock sales generating $1.1 billion in net proceeds.

MicroStrategy’s recent acquisition of 10,107 Bitcoin increases its total holdings to 471,107 BTC, valued at approximately $46.7 billion. The purchase was financed by selling shares worth $1.1 billion.

Source (2.6)https://cryptobriefing.com/microstrategy-bitcoin-acquisition-analysis/?rand=59535
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