MicroStrategy Buys 13,005 Bitcoin At $489 Million

microstrategy announce They acquired an additional 13005 bitcoins for $489 million in cash, with an average price of about $37,617 per bitcoin, including fees and expenses. The company, headed by Bitcoin bull Michael Saylor, holds 105,085 bitcoins, acquired at an average purchase price of about $2.741 billion – with an average of $26,080 spent per bitcoin.

Saylor wire At the Bitcoin 2021 conference in early June in Miami, his company owns much more Bitcoin than Any other publicly traded company. The only entity known to hold more bitcoin at this point is investment manager Grayscale, with 654,885 BTC held in its bitcoin fund on behalf of investors – currently worth more than $24 billion.

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