Micro Strategy buys 5,445 BTC, now holds $4.68 billion worth of Bitcoin
Michael Saylor, co-founder and executive chairman of MicroStrategy and major Bitcoin investor, has announced on X the purchase of another large amount of Bitcoin. MicroStrategy bought 5,445 BTC for $147.3 million, at an average price of $27,053 per coin. This brings their total Bitcoin holdings to approximately 158,245 BTC, which they acquired at an average […]
MicroStrategy outshines Tesla — we aren’t saying this, the data is
MicroStrategy, led by founder Michael Saylor, has emerged as the leader among public companies holding Bitcoin, according to crypto analyst William Clemente’s comparisons. Explained: Since August 2020, MicroStrategy has been actively accumulating Bitcoin as a long-term strategy, purchasing large amounts and even issuing extra bonds to fund the purchases. Currently, the company holds 152,800 Bitcoins, […]