The new purchases was made at an average price of $60,408 per token, Executive Chairman Michael Saylor said in an X post on Friday morning, boosting the company’s holdings to 244,800 BTC. MicroStrategy’s cost basis for those holdings is $9.45 billion, or an average price of $38,585 per bitcoin. At the current price just under $58,000 the stack is now worth about $14 billion.
Related posts
-
Is It Too Late to Buy Bitcoin? Robert Kiyosaki Says No—Warns of Looming Financial Crash
Is it too late for bitcoin? Robert Kiyosaki signals urgency, pointing to bitcoin, gold, and silver... -
Microsoft says ‘no’ to Bitcoin, corporates say ‘bring it on’
Microsoft shareholders nixed a Bitcoin treasury idea, but other big-name companies disagree with this strategy. Here’s... -
Send surges 360%, dForce jumps 160%, BTC hovers $97k
The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling...