MicroStrategy also said it purchased bitcoins for $2.04 billion in cash for the first nine months of 2021 , up from $425 million in the prior-year period. The company is scheduled to release its fourth quarter earnings on Feb.
Read moreWhy is MicroStrategy dropping?
MicroStrategy stock continued its downward spiral Monday, dragged down by plunging Bitcoin prices and newly released filings showing that the Securities and Exchange Commission objected to how the software company accounts for its cryptocurrency holdings .
Read moreWho is the largest bitcoin holder?
The biggest corporate crypto holder is the Virginia-based business intelligence software maker MicroStrategy , according to a database from the crypto analytics firm CoinGecko. The $3.6-billion company owns 121,044 bitcoin, a crypto horde roughly 2.5 times larger than its nearest contender, Tesla.
Read moreIs MicroStrategy buying more Bitcoin?
MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that has taken to accumulating bitcoin, said it bought approximately 660 bitcoins for around $25 million between Dec. 30, 2021, and Jan. 31, 2022 . The company paid an average price of $37,865 per bitcoin, it said in a statement.1 Şub 2022
Read moreHow did MicroStrategy buy Bitcoin?
MicroStrategy has helped fund its bitcoin purchases using debt and proceeds from a $1 billion stock offering previously disclosed in June.1 Şub 2022
Read moreHow many bitcoin does MicroStrategy own?
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.
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