MicroStrategy has bought more Bitcoin (BTC), adding 5,445 of them to its holdings. This purchase cost around $147.3 million, at an average price of $27,053 per Bitcoin.
MicroStrategy, a U.S. blockchain intelligence company, has further solidified its position as a major institutional supporter of Bitcoin. The company recently added 5,445 Bitcoin (BTC) tokens to its already substantial Bitcoin portfolio.
MicroStrategy’s Expanding Bitcoin Holdings
According to Michael Saylor, the Chairman of MicroStrategy, this latest addition is valued at around $147.3 million and was purchased at an average price of $27,053 per Bitcoin. As of September 24, MicroStrategy now holds a total of 158,245 BTC, acquired for approximately $4.68 billion, with an average Bitcoin price of $29,582 per unit.
MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per #bitcoin. As of 9/24/23 @MicroStrategy hodls 158,245 $BTC acquired for ~$4.68 billion at an average price of $29,582 per bitcoin. $MSTR https://t.co/GbJtUoQfXv
— Michael Saylor⚡️ (@saylor) September 25, 2023
MicroStrategy’s ongoing support for Bitcoin acquisition continues to be a topic of discussion within the crypto industry, drawing both praise and criticism.
Please stay tuned for further updates on this breaking news.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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