MicroStrategy With Another Huge Bitcoin Buy
MicroStrategy continues with its Bitcoin shopping spree, adding another 3000 BTC to its name.
It appears that Michael Saylor was completely serious when he recently said that he plans on buying Bitcoin forever.
MicroStrategy just announced that they bought another 3,000 BTC, each priced at $51,813. This means they paid around $155 million for it.
With this most recent move, MicroStrategy is currently the proud
owner of 193,000 BTC. They’ve paid a total of $6.09 billion for it,
putting their average price at $31,544 per BTC.
At current prices, their stack is worth a little less than $10 billion, netting them a return of close to 63%.