MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion -Breaking
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© Reuters. Michael Saylor is the CEO of MicroStrategy Enterprise Data Analytics Company. AnnoucedMonday via a Twitter posting and company filing – The firm has purchased another 7,002 (NYSE:).BTCThe average coin price was $59,187. This makes it worth $414.4million. MicroStrategy purchased 571,001 shares at $732.16 per share, raising $414.4 million cash.
The company currently owns 121 044 BTC worth approximately $3.57 Billion as of Monday. This coin, which included capital appreciation of previous coins, was purchased at an average value of $29 534 per coin.
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