Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion at an average price of $31,168 per coin. Microstrategy’s executive chairman, Michael Saylor, believes that spot bitcoin exchange-traded funds (ETFs) “may be the biggest development on Wall Street in the last 30 years.”
Microstrategy Now Holds 189,150 Bitcoin
Software intelligence firm Microstrategy (Nasdaq: MSTR) announced Wednesday that it has acquired more bitcoin. The firm’s executive chairman, Michael Saylor, disclosed on social media platform X Wednesday:
Microstrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per bitcoin. As of 12/26/23, Microstrategy now hodls 189,150 BTC acquired for ~$5.9 billion at an average price of $31,168 per bitcoin.
According to the company’s filing with the U.S. Securities and Exchange Co
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