Skip to main content


  • MicroStrategy bought 660 more bitcoin for $25 million as the price dipped below $40,000 per coin.
  • The software intelligence company now holds over 125,000 BTC in its treasury, bought for $3.78 billion.
  • This is the first announced purchase of the year for the world’s largest corporate holder of bitcoin.

MicroStrategy, the software intelligence company that since 2020 has been accumulating bitcoin nonstop after its CEO Michael Saylor realized the digital currency’s store of value proposition, has made another millionaire purchase as the bitcoin price touches double-digit loss territory from the all-time highs set in November.

MicroStrategy added 660 BTC to its holdings for about $25 million in cash during the latest price dip in the peer-to-peer digital money between December 30 and January 31, averaging $37,865 per bitcoin, the company disclosed in a Form-8K filed with the Securities and Exchange Commission (SEC) on Tuesday.


Source link

Leave your vote

Blockchain Beat

Author Blockchain Beat

More posts by Blockchain Beat

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

close

Log In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.