Breaking: Michael Saylor’s MicroStrategy Buys $155 Million In Bitcoin

Breaking: Michael Saylor’s MicroStrategy Buys $155 Million In Bitcoin

MicroStrategy’s executive chairman and co-founder Michael Saylor on Monday said the company has made a fresh purchase of $155 million worth of Bitcoins, increasing MicroStrategy’s BTC holdings to 193,000. This is a significant move by Michael Saylor ahead of Bitcoin halving and Bitcoin accumulation by spot Bitcoin ETFs.
MicroStrategy Acquires 3000 Bitcoins
According to a new filing with the U.S. Securities and Exchange Commission on February 26, MicroStrategy Inc. acquired almost 3,000 Bitcoins for approximately $155.4 million in cash. MicroStrategy acquired BTCs at an average price
of approximately $51,813 between February 15 and February 25, 2024.
Michael Saylor said MicroStrategy and its subsidiaries together hold 193,000 BTCs, acquired for nearly $6.09 billion at an average price of $31,544 per Bitcoin.
MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per #bitcoin. As of 2/25/24, @MicroStrategy now hodls 193,000 $BTC acquired

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