MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion
As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713. Go to Source Powered by WPeMatico
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As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713. Go to Source Powered by WPeMatico
Over the last few days, cryptocurrency advocates have been discussing the Sat Symbol initiative, a goal that aims to get a specifically designed symbol to represent the smallest unit of bitcoin and also get the symbol widely adopted. The Sat Symbol has been promoted by a number of crypto luminaries but others have offered alternative … Read more
The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million. Go to Source Powered by WPeMatico
Nasdaq-listed Microstrategy has purchased 5,050 more bitcoins for $243 million, raising its total bitcoin holdings to 114,042 coins. Microstrategy Continues to Grow Its Bitcoin Stash The pro-bitcoin software company Microstrategy announced Monday that it has purchased more bitcoins. CEO Michael Saylor tweeted: Microstrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at … Read more
The company’s Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition. Go to Source Powered by WPeMatico
Nasdaq-listed company Microstrategy has avoided a “multi-billion dollar mistake” by choosing to invest in bitcoin instead of gold. The company now holds about 108,992 bitcoins. ‘Multi-Billion Dollar Mistake’ Avoided The Nasdaq-listed software company Microstrategy has avoided making a mistake that could have cost the company multi-billion dollars. CEO Michael Saylor tweeted Sunday: If I had … Read more
The bullish setup has appeared after MSTR’s increasingly positive correlation with Bitcoin, the flagship cryptocurrency which has surged 339% year on year and is now struggling to close above $50,000. Go to Source Powered by WPeMatico
MicroStrategy’s Bitcoin holdings are now worth more than $5.3 billion at the current BTC price. Go to Source Powered by WPeMatico
As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset. Go to Source Powered by WPeMatico
The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property. Go to Source Powered by WPeMatico