MicroStrategy bought another 3,000 BTC at an average price of $51,813/BTC.

MicroStrategy bought another 3,000 BTC at an average price of $51,813/BTC.


MicroStrategy It revealed that it purchased an additional  3,000 BTC at an average price of 51,813 bringing the group's total portfolio to 193,000 BTC .

 

Bitcoin mogul Michael Saylor's company MicroStrategy continues to pursue its long-term strategy with continued acquisitions of bitcoin. It recently announced that it had purchased an additional 3,000 BTC between February 15th and February 25th. At an average price of $51,813 per BTC, or approximately $155 million spent

 

As a result, as of February 25, 2024, MicroStrategy Company and its affiliates hold a total of 193,000 BTC at a cost of approximately $6.09 billion. or an average price of $31,544 per BTC.

 

Calculating the market price of Bitcoin at $51,300 means his company has an accounting profit of $3.8 billion. While the company has always maintained that acquiring bitcoin is a long-term strategy, 

 

Latest Bitcoin Buying News Announcement This comes shortly after the company's official Twitter account was attacked. Hackers posted links to fake MSTR tokens, leading to the theft of over $400,000.

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zulmai khan
zulmai khan

I did my LLM in international law


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