May 25, 2022

MicroStrategy bought another 4167 BTC

MicroStrategy's division, MacroStrategy, has acquired 4,167 BTC worth $190.5 million, according to Founder and CEO Michael Saylor Company.

According to him, the average purchase price of onebitcoin amounted to about $45,714. In total, MicroStrategy currently stores 129,218 BTC in reserves. The company's website published a report for the SEC with the details of the deal.

According to Bitcoin Treasuries, the total value of digital gold in MicroStrategy reserves is about $6.09 billion.

A week ago, the company raised a $205 million loan secured by its cryptocurrency savings. The purpose of obtaining a loan was officially named the further purchase of bitcoins.

Earlier, Glassnode analysts noted the continuation of the trend towards the accumulation of bitcoins among the whales. Among the companies that show active demand for the first cryptocurrency, they named MicroStrategy.