January 23, 2022

MicroStrategy has increased its investment in bitcoin by $ 94 million

The CEO of the company Michael Sailor announced the purchase of 1.9 thousand BTC at an average price of $ 49.2 thousand per coin. Now the software developer owns 124,391 BTC, which is valued at $ 6.1 billion.

MicroStrategy CEO Michael Saylorannounced on Twitter the company's purchase of 1.9 thousand bitcoins for over $ 94 million at an average price of $ 49.2 thousand per BTC. The number of bitcoins on MicroStrategy's balance increased to 124.391 BTC ($ 6.1 billion). The company spent about $ 3.7 billion on the purchase of cryptocurrency (the average purchase price is $ 30.1 thousand per BTC).

The company last reported a purchasethe first cryptocurrency in early December. Then she acquired 1.4 thousand bitcoins for $ 82.4 million. The head of MicroStrategy Michael Sailor is an active supporter of digital assets. He said that bitcoin would become the main store of value for the 21st century and called the tightening of mining and crypto trading regulation in China a trillion dollar mistake.

MicroStrategy is the largest cryptocurrency holderamong public companies. In second place in this indicator is the electric car manufacturer Tesla, which holds 43.2 thousand BTC with a total value of over $ 2 billion. In third place is the company of Twitter creator Jack Dorsey Square, which owns 8 thousand BTC ($ 381 million).

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