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 moreAt what price Michael Saylor bought bitcoin?
Saylor told his 2 million Twitter (TWTR) – Get Twitter, Inc. Report followers Tuesday that his company MicroStrategy (MSTR) – Get MicroStrategy Incorporated Class A Report had purchased 660 bitcoins in cash at a price of $37,865 per unit as of January 31, for a total amount of $25 million.
Read moreWhat is MicroStrategy 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.
Read moreHow much BTC does MicroStrategy own?
The company paid an average price of $49,229 per bitcoin , it said in a statement. 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.
Read moreWill MicroStrategy sell bitcoin?
MicroStrategy (MSTR) Will Never Sell Its Bitcoin (BTC) Says CEO – Bloomberg.
Read moreIs MicroStrategy a good investment?
Currently, MSTR looks very expensive. In terms of non-GAAP forward P/E, the stock is currently trading at 73.37x, which is 198.2% higher than the 24.6% industry average. … More Resources for the Stocks in this Article. TickerMSTRPOWR RatingGet RatingIndustry RankGet RatingRank in IndustryGet RatingMSTR: Is MicroStrategy a Good Stock to Own in 2022? – StockNews.com stocknews.com › news › mstr-otex-cvlt-egan-is-microstrategy-a-good-stock…
Read moreHow much of MicroStrategy is bitcoin?
MicroStrategy said it now holds approximately 122,478 bitcoin acquired at an average price of $29,861 per coin , an aggregate purchase price of $3.66 billion. At the time of writing, the company’s bitcoin holdings are worth about $6 billion.
Read more