MicroStrategy has spent $3.97 billion acquiring 129,218 bitcoins for an average of $30,700 apiece, he wrote. With bitcoin trading nearly $10,000 above that, the trade remains well in the green – though not nearly as much as when BTC was touching $69,000 all-time highs.
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...