MicroStrategy continues to attract attention by purchasing an additional 15,400 BTC valued at around 1.5 billion USD, bringing the total number of Bitcoin held by the company to 402,100 BTC. 🪙 With an average price of 58,263 USD per Bitcoin, MicroStrategy has spent nearly 23.5 billion USD on this accumulation. Currently, the value of this Bitcoin exceeds 38 billion USD, yielding a paper profit of nearly 15 billion USD.
Adam Back, co-founder of Blockstream, praised this move and believes that many people sold BTC to MicroStrategy for under 100,000 USD. This is the third consecutive time the company has announced a BTC purchase on Monday.