19.7 C
New York
Sunday, September 19, 2021

MicroStrategy bought bitcoins for another $ 15 million

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.

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.

Also Read:

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.