Led by Executive Chairman Michael Saylor, the company disclosed July 31 bitcoin holdings of 226,500 tokens, up a handful of coins since the latest purchase announcement in mid-June. Those 226,500 bitcoins were acquired for $8.3 billion or an average of $36,821 per token. At the current price of $63,500, those assets are worth about $14.4 billion.
Related posts
-
‘$600M Would Buy a Lot of Bitcoin’: Microstrategy Boss Steers Bezos Wedding Drama Toward Crypto
Michael Saylor, co-founder and executive chairman of Microstrategy, brought bitcoin into the spotlight during an online... -
El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
The government of El Salvador has clarified that it will continue pushing bitcoin as part of... -
A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve
If the United States boldly leaps into action with a strategic bitcoin reserve under the Trump...