The post MicroStrategy Buys 14,620 BTC at an Average Price of $42,110 Per Bitcoin appeared first on Coinpedia Fintech News
MicroStrategy has made a significant move in the cryptocurrency market by acquiring 14,620 bitcoins. This purchase, amounting to approximately $615.7 million, was made at an average price of $42,110 per bitcoin. With this latest acquisition, MicroStrategy’s total holdings have increased to 189,150 bitcoins, which have been acquired for an estimated total of $5.9 billion, averaging $31,168 per bitcoin. This substantial investment further solidifies MicroStrategy’s position as a major corporate holder of Bitcoin, showcasing its continued confidence and commitment to the cryptocurrency.
Source: https://coinpedia.org/news/microstrategy-buys-14620-btc-at-an-average-price-of-42110-per-bitcoin/