Microstrategy has increased its Bitcoin stocks with a further purchase to 140,000

Microstrategy has increased its Bitcoin stocks with a further purchase to 140,000
Microstrategy, which was founded by Michael Saylor, Bitcoin's largest company owner, made a further remarkable purchase (value of $ 29.3 million).
It helped the company to set up its massive BTC supply to 140,000.
- after several months of relative silence than the price of the cryptocurrency fell below $ 20,000, the company, which was listed at the Nasdaq, began in March with the accumulation of Bitcoin when it bought another batch of 6,500 BTC. In addition, the company paid back a loan of $ 205 million, which it had recorded a year earlier from the Silvergate Bank, which had now been struck.
- The former CEO of the company - Michael Saylor - announced the second purchase of the year on April 5. Microstrategy bought 1,045 Bitcoin for $ 29.3 million at an average price of $ 28,016
- Although this is by no means the largest individual purchase of the company, he managed to set up the company's BTC stock to 140,000.
Microstrategy has acquired a further 1,045 #bitcoin for ~ 29.3 million $ at an average price of $ 28,016 per bitcoin. As of 04.04.2023 $ mstr https://t.co/ibuftxalnv
- Michael Saylor⚡️ (@Saylor) 5. April 2023
- Microstrategy started its BTC battery strategy in August 2020. The company spent almost $ 4.2 billion for its 140,000 BTC, with an average price of $ 29,803 per Bitcoin.
- Remember that the position of the company was deep under water until a few months ago when the price of the financial value had fallen well below $ 20,000. Now Microstrategy is almost on break-even.
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