MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that holds so much bitcoin on its balance sheet that it has become something of a proxy for the world’s biggest cryptocurrency, said it added almost 9,000 bitcoins to its holdings in the the third quarter, bringing its total to 114,042.
Read moreWhen did MicroStrategy start buying bitcoin?
Key Facts. The company, which started buying cryptocurrency for its balance sheet in August 2020 , says it now holds approximately 125,051 bitcoins, purchased for nearly $3.8 billion, or an average price of $30,200 per coin.1 Şub 2022
Read moreHow many 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 moreDoes MicroStrategy invest in bitcoin?
MicroStrategy has made more than $750 million on its bitcoin investment at the current price , said Brent Thill, a senior analyst at Jefferies Group LLC, a financial-services firm. But some investors are concerned the company isn’t focusing enough on its core business, he said.
Read moreWhich company holds the most bitcoin?
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 moreDid MicroStrategy buy more bitcoin?
MicroStrategy Inc. added to its Bitcoin cache, purchasing more than $94 million worth of the cryptocurrency in December as the coin retreated from its all-time high reached a month earlier.30 Ara 2021
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