Crypto NewsBitcoinBREAKING: MicroStrategy Announces New Bitcoin Purchase - Here Are The Details

BREAKING: MicroStrategy Announces New Bitcoin Purchase – Here Are The Details

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MicroStrategy, the company with the most Bitcoin, purchased an additional 122 BTC in April and paid $7.8 million for them, according to the statement made by its founder Michael Saylor.

The company's total BTC amount thus increased to 214,400 BTC.

According to the latest data, at the current Bitcoin price, MicroStrategy has $13.58 billion in total Bitcoin assets.

Among the companies holding the most BTC, BTC mining company Marathon ranks second with $1.09 billion, after MicroStrategy. In third place comes Tesla, whose Bitcoin policy is quite controversial.

Tesla had disposed of a significant portion of its BTC assets and announced that it would no longer sell Tesla cars in exchange for BTC due to environmental concerns.

Data shows that MicroStrategy has made a 1.79x profit on the BTC assets it has purchased so far. Interestingly, Tesla, a company that is not as BTC bullish as Michael Saylor's company, has made 1.82x profits on BTC so far.

*This is not investment advice.

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