🚀 MICROSTRATEGY ANNOUNCED BUYING ADDITIONAL 593 MILLION USD BITCOIN
Billionaire Michael Saylor's company MicroStrategy announced it spent $593.3 million to buy an additional 16,130 BTC at an average price of $36,785. Increasing the amount of Bitcoin held to 174,530 BTC and the profit of this portfolio is more than 1.2 billion USD.
With the latest Bitcoin purchase, MicroStrategy has increased its total Bitcoin holdings to 174,530 BTC with an average purchase price of about 30,252 USD/BTC, equivalent to a cost of 5.28 billion USD.
The company's investment portfolio value has reached 5.99 billion USD - Bringing a profit of more than 1.2 billion USD (equivalent to 26.5%). Last year, MicroStrategy lost up to 45% of its BTC investment. However, the company still does not sell and continues to buy more this year.
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