MicroStrategy Purchases 1,045 Bitcoin Worth $29.3 Million
Bitcoin Ang MicroStrategy ay Bumili ng 1,045 Bitcoin na Nagkakahalaga ng $29.3 Milyon MicroStrategys co-founder Michael Saylor announced an additional purchase of 1,045 Bitcoin (BTC). The company now holds 140,000 BTC. According to a Form 8-K filing with the Securities and Exchange Commission (SEC), MicroStrategy now holds 140,000 BTC. It purchased an additional 1,045 BTC for $29.3 million between Mar. 24 to Apr. 4 at an average price of $28,016. MicroStrategy Almost at a Break-Even Point of its Bitcoin Holding The recent purchase brings down the average price of MicroStrategys holding to $29,803. Hence, the company is roughly down 4.14% on its BTC holdings based on the current market price of $28,568. Michael Saylors firm has invested in Bitcoin at an aggregate purchase price of approximately $4.17 billion. Considering this data, MicroStrategy has an approximate unrealized loss of $172.6 million. Pinagmulan: BeInCrypto Before this purchase, MicroStrategy acquired 6,455 BTC at an average price of $23,238 on Mar. 23. The firm has been accumulating Bitcoin since 2020. On Aug. 11, 2020, it una purchased 21,454 BTC at an average price of $11,652.84. Saylor Buys Bitcoin While Government Sells A digital asset manager, Eric Weiss, remarked on Saylors tweet that MicroStrategy is acquiring Bitcoin while the US government sells. He says, “Seems