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BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
News

MicroStrategy Buys 14,620 BTC at an Average Price of $42,110 Per Bitcoin

Qadir AK27 Dec 20231 min read

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.

#Bitcoin
Qadir AK
Qadir AK

Author

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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