Microstrategys Bitcoin (BTC) bullish sentiment continues with additional purchase
Microstrategy, the American business intelligence company, continues to place big bets on Bitcoin (BTC), the largest cryptocurrency by market cap. In its latest buying streak, the company has purchased 16,130 Bitcoins, according to its SEC filing. Moreover, the purchase was made between November 1st and November 29th for an average price of $36,785 per BTC, including costs. Notably, these bitcoins cost the company $593.3 million in cash. Seu portfólio é verde? Confira a Calculadora de Lucro BTC With the addition of the new BTCs, the companys total Bitcoin holdings now stand at 174,530 BTCs. These coins were also purchased at an aggregate price of $5.28 billion, with each coin averaging at nearly $30,252, including all expenses. Big bets on Bitcoin Interestingly, the value of all of the Bitcoins held by Microstrategy is over $6 billion or exactly 6,561,315,726.00 at the current market price. According to CoinMarketCap, Bitcoin was trading at $37,662.32 with a market cap of over $736 billion. The coin has not registered a major price swing in the past day or the past seven days. Notably, while the BTCs price has not made a drastic move over the past few days, the coin has recorded significant growth in November 2023. As per CMC, the