MicroStrategy Bought Bitcoin again… Holds more than $4 billion

I bought MicroStrategy Bitcoin again… Holds more than  billion


I bought MicroStrategy Bitcoin again… Holds more than  billion

Bloomberg News reported on the 1st (local time) that the US’s famous IT company MicroStrategy, a NASDAQ-listed company, additionally purchased bitcoin and its bitcoin holdings increased to more than $4 billion (4,476 trillion won).

Michael Sailor, the CEO of Micro Stereotage, said that he is continuously buying bitcoins through his Twitter on the same day.

MicroStrategy CEO Twitter Capture

He said that he invested 15 million dollars (about 16.8 billion won) to purchase 328 additional bitcoins. The purchase price per coin is $45,710.

As a result, MicroStrategy has a total of 98,59 Bitcoins. This is worth over $4 billion.

MicroStrategy has bought bitcoins for an average of $23,403 over the past five months. It is already seeing twice as much profit based on the current market price.

When the news came out, MicroStrategy’s stock price jumped 4.27% from the previous trading day to $782.44 in the NASDAQ market on the same day. In the past year, MicroStrategy’s stock price has soared more than 500%.

Meanwhile, as of 8:30 a.m. on the 2nd (Korean time), Bitcoin is recording $49,520, up 9.41% from 24 hours ago.