MicroStrategy Buys Another $2.1 Billion Worth of Bitcoin
The company spent roughly $2.1 billion to add 21,550 bitcoins to its stash that has now grown to 423,650 BTC, and is worth close to $41.5 billion at current prices. MicroStrategy now controls over 2% of the 21 million bitcoin that will ever exist.
MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B
The latest buying spree brought the firm's BTC holdings to 423,650, or nearly $42 billion worth at current prices. Led by Executive Chairman Michael Saylor, MicroStrategy now holds more than 2% of the 21 million bitcoin that can ever exist.
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The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.
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Michael Saylor’s MicroStrategy Inc. checks all the boxes for inclusion in the Nasdaq 100 Index, a development that would ...
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