MicroStrategy Kicks Off 2022 With $25M Bitcoin Buy

2022-2-2 17:23

The world’s largest corporate bitcoin holder now owns over 125,000 bitcoin, bought at an average price of $30,200 each.

MicroStrategy bought 660 more bitcoin for $25 million as the price dipped below $40,000 per coin.The software intelligence company now holds over 125,000 BTC in its treasury, bought for $3.78 billion.This is the first announced purchase of the year for the world’s largest corporate holder of bitcoin.

MicroStrategy, the software intelligence company that since 2020 has been accumulating bitcoin nonstop after its CEO Michael Saylor realized the digital currency’s store of value proposition, has made another millionaire purchase as the bitcoin price touches double-digit loss territory from the all-time highs set in November.

MicroStrategy added 660 BTC to its holdings for about $25 million in cash during the latest price dip in the peer-to-peer digital money between December 30 and January 31, averaging $37,865 per bitcoin, the company disclosed in a Form-8K filed with the Securities and Exchange Commission (SEC) on Tuesday.

The company now holds 125,051 BTC bought for an aggregate price of $3.78 billion, putting the average cost of each bitcoin purchased at around $30,200. At the time of writing, MicroStrategy’s bitcoin investment is over $1 billion in the green.

MicroStrategy’s relentless bitcoin accumulation strategy has made it top the list of corporations that hold bitcoin ever since it started acquiring BTC in 2020. On the other hand, second-place Tesla hasn’t added more bitcoin since its first purchase about one year ago. The electric car maker even sold 10% of its stash in the following months to test liquidity. Saylor’s company hasn’t ever sold any of its BTC –– and the chief executive has guaranteed they never will.

Saylor’s accumulation strategy also goes beyond MicroStrategy as the Bitcoin bull said in December that he personally owns over 17,000 bitcoin, worth roughly $680 million at current prices.

Bitcoin is currently trading close to $39,000 after briefly sliding below $33,000 last week.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95872.84 (+0.32%)
Объем 24H $41.074b
Изменеия 24h: -1.13 %, 7d: -7.20 %
Cегодня L: $95217.68 - H: $97458.26
Капитализация $1898.258b Rank 1
Цена в час новости $ 38586.12 (148.46%)

bitcoin bought 125 average 200 price owns

bitcoin bought → Результатов: 126


Фото:

Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon

Blockstream, one of the largest Bitcoin Core funding contributors, has evidently bought a lot of cryptocurrency mining equipment from the Chinese electronics hardware manufacturer Innosilicon. Does this mean that the company is setting up its own mining center? Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Blockstream Buys Mining Equipment […] The post Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon appeared first on Bitcoin News.

2018-8-1 05:00


Litecoin Foundation Partners With TokenPay and Acquires 9.9% of a German Bank

Decentralized payment platform TokenPay transferred to Litecoin its 9. 9% equity share in the German WEG Bank AG, setting the basis for a strategic partnership between the two companies. TokenPay had originally bought the stakes in the abovementioned bank for an undisclosed amount back in May, along with the option to purchase the remaining 90% once […] Litecoin Foundation Partners With TokenPay and Acquires 9.

2018-7-13 16:24


Why This Early Uber Investor Bought Bitcoin at Under $1 in 2009

Jeffrey Wernick, an independent investor, explains why he started to invest in the early stages of the cryptocurrency market. Jeffery Wernick – The Anti-Centralization Investment Figure   Jeffrey Wernick is a sixty-two year old investment guru that fell in love with economics and investing at a young age, gaining interest in the industry during high school.

2018-7-12 09:19


The Daily: Akon introduces A

Additional stories include an ICO mogul who bought land worth $19 million with bitcoin, a massive trove of Coinbase customers’ complaints and more. Also Read: Control of Highly Demanded Crypto Classes May Spark Turf War at Universities Akon Launches Akoin Akon, the Senegalese-American singer, is launching his own cryptocurrency token called Akoin. ICO Mogul Buys

2018-6-21 16:45