MicroStrategy, the business intelligence firm that became the pioneer of Institutional Bitcoin (BTC) adoption has added another batch of 7,002 BTC to their treasury. Michael Saylor, the CEO of the firm revealed that they invested over $414 million and bought the latest batch of BTC at an average price of $59,187.
The latest purchase takes the total Bitcoin holdings of Microstrategy to 121,044 BTC, bought at an investment of $3.57 billion. MicroStrategy’s BTC investment has already given a 100% return within two years of their invesment.
This story is being updated
The post Breaking: MicroStrategy Buys Additional 7,002 Bitcoin (BTC) Worth $414 Million appeared first on Coingape.
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks