MicroStrategy Buys Another $94 Million Worth of BTC Amid $49K

MicroStrategy – the company, spearheaded by one of the most popular and prominent Bitcoin permabulls, Michael Saylor – announced today that it had bought another $94 million worth of BTC.

  • MicroStrategy has definitely made a name for itself in the past couple of years when it comes to acquiring BTC.
  • Today, Saylor announced that the company has bought another 1,914 bitcoins for roughly $94.2 million in cash.
  • The average price of the buy was around $49,229 per BTC.
  • At the time of this writing, the company owns 124,391 BTC, which is currently worth around $3.75.
  • The average price that MicroStrategy has on its bitcoin purchases is approximately $30,159.

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img

You might also like...