In late 2020, MicroStrategy became the first publicly traded company in the US to buy and hold bitcoin as part of its balance sheet. Since then, the business intelligence software maker has accumulated around 124,391 bitcoins worth about $5.2 billion at current prices, according to Bitcoin Treasuries.20 Oca 2022
Read moreDoes Michael Saylor sell bitcoin?
While the rapid skid of crypto value has caused panic on social media and Wall Street, billionaire Michael Saylor seems to have kept his cool. He won’t sell his bitcoin.
Read moreWhy is MSTR down?
The loss appears largely due to MicroStrategy’s (ticker: MSTR) inclusion of impairment losses on its Bitcoin , amounting to $147 million. That more than wiped out the company’s $110.5 million gross profit from its software business. The shares were down 0.8% in after-hours trading to around $370.
Read moreHow much is MicroStrategy bitcoin worth?
-based MicroStrategy now holds a total of 125,051 bitcoins, valued at about $4.8 billion at the current bitcoin price of $38,700.
Read moreIs MicroStrategy linked to bitcoin?
The company held $2.41 billion of the cryptocurrency as of Sept. 30, up from $1.05 billion at the end of 2020. 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.
Read moreIs there a bitcoin ETF?
To date, there are no ETFs that are able to directly own Bitcoin . That’s because cryptocurrency and other digital currency trading is still unregulated by the Securities and Exchange Commission (SEC).
Read moreWhat is the most popular bitcoin ETF?
5 Best Cryptocurrency ETFs by Performance
Read more