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Crypto News

Microstrategy gets 22,048 Bitcoin for $ 1.92 billion

Michael Saylor’s Microstrategy, now known as the strategy, performed another bitcoin purchase. This time, the company bought 22,048 BTC for 1.92 billion dollars, thus reaching its total holdings of 528,185.

Microstrategy gets 22,048 BTC for $ 1.92 billion

in press releaseMicrostrategy revealed that she got 22,048 BTC for $ 1.92 billion at an average price of 86,969 dollars per bitcoin and achieved BTC’s return by 11.0 % on an annual basis (YTD).

After this purchase, the strategy now has 528185 BTC, which it got for $ 35.63 billion at an average price of $ 67,458 per Bitcoin. Meanwhile, the company remains the general company that has the largest bitcoin possessions.

This comes just one week that the company acquired 6,911 BTC for $ 584 million. Silor and Microstrategy are likely to make more purchases in the coming weeks, collecting billions of dollars for their bitcoin plans.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a writer and editor of encryption news that covered topics that exceed many topics and ports. Boluwatife has a talent to simplify the most technical concepts and make it easy for the novice encoded. Away from writing, he is a fan of thirsty basketball, traveler and part -time.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.

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