The total amount of the company’s investments in the first cryptocurrency reached $ 2.186 billion. The average bitcoin purchase price was $ 24 thousand.
MicroStrategy CEO Michael Sailor said the company bought 328 bitcoins for $ 15 million at a rate of $ 45.7 thousand apiece. The number of coins under her management exceeded 90.8 thousand. The company invested over $ 2.1 billion in cryptocurrency. On average, the purchase of one bitcoin cost her $ 24 thousand.
According to the Bitcoin Treasuries service , MicroStrategy’s paper profit from investing in bitcoin reached $ 2.2 billion, not counting the last investment. In February, the company purchased 20 thousand coins at an average rate of $ 52.7 thousand for more than $ 1 billion.
MicroStrategy has purchased an additional ~328 bitcoins for ~$15.0 million in cash at an average price of ~$45,710 per #bitcoin. As of 3/1/2021, we #hodl ~90,859 bitcoins acquired for ~$2.186 billion at an average price of ~$24,063 per bitcoin. $MSTRhttps://t.co/fGH5KacsPI
— Michael Saylor (@michael_saylor) March 1, 2021
According to the Bitcoin Treasuries service , MicroStrategy’s paper profit from investing in bitcoin reached $ 2.2 billion, not counting the last investment. In February, the company purchased 20 thousand coins at an average rate of $ 52.7 thousand for more than $ 1 billion.
Sailor is confident that in the future, bitcoin quotes will reach $ 500 thousand, and its capitalization will be $ 100 trillion. According to the head of MicroStrategy, the first cryptocurrency will begin to exert a “stabilizing influence” on the global financial system and will eclipse the market capitalization of gold.
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