Tag: Did MicroStrategy sell Bitcoin?

MicroStrategy is a business intelligence company that has become a Bitcoin proxy due to its significant Bitcoin holdings. While MicroStrategy does use cash flow from operations to acquire Bitcoin, it also acquired a substantial portion with debt.

MicroStrategy (MSTR) Will Never Sell Its Bitcoin (BTC) Says CEO – Bloomberg.

As of Dec. 29, MicroStrategy held about 124,391 bitcoins purchased at an average price of $30,159. Bitcoin is currently trading about $47,500, valuing the trove at $5.9 billion. The company has a market cap of $6.1 billion, according to Bloomberg data.

-based MicroStrategy now holds a total of 125,051 bitcoins , valued at about $4.8 billion at the current bitcoin price of $38,700.1 Şub 2022