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1 year ago

MicroStrategy Adds 2500 BTC: Total Stack Now 132,251 Bitcoin

Dimitar Dzhondzhorov Dec 28, 2022 14:11
MicroStrategy has spent around $4.03 billion to accumulate its entire bitcoin stash over the years.

The American business intelligence corporation – MicroStrategy – bought 3,205 BTC between November 1 and December 24.

The company sold 704 BTC on December 22, meaning its total holdings currently stand at 132,251 BTC.

  • The largest BTC corporate holder – MicroStrategy – continues following its bitcoin agenda purchasing more amounts of the primary cryptocurrency.
  • It acquired 2,395 BTC for approximately $42.8 million, at an average price of around $17,871 per coin between the beginning of November and December 21.
  • The firm sold 704 BTC on December 22 for nearly $12 million to cover previous capital losses.
  • On Christmas Eve, MicroStrategy bought an additional 810 BTC for $13.6 million, bringing its total owning to 132,251 BTC (equaling about $2.2 billion at current prices).
  • Michael Saylor – Executive Chairman – announced the news on his personal Twitter account, saying the organization spent a little over $4 billion in total.

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Dimitar Dzhondzhorov

Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.