Bitcoin: Tech company buys $400 million in crypto as price dramatically recovers. Tech company MicroStrategy has bought more than $400 million of bitcoin as it continues to invest in the cryptocurrency. MicroStrategy is a software company that sells data analytics tools and other business intelligence tools.
Read moreIs MicroStrategy a bitcoin ETF?
MicroStrategy (MSTR) Stock Falls Following Launch of First Bitcoin ETF – Bloomberg.
Read moreDid MicroStrategy sell BTC?
MicroStrategy (MSTR) Will Never Sell Its Bitcoin (BTC) Says CEO – Bloomberg.
Read moreHow much bitcoin 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 moreWhat is MicroStrategy crypto?
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 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 moreIs MicroStrategy still buying bitcoin?
MicroStrategy to Continue Buying Bitcoin Despite Market Tumble, CFO Says.25 Oca 2022
Read more