Crypto NewsBitcoinBreaking News: Microstrategy Bought 6455 Bitcoin! Here's the Average Cost!

Breaking News: Microstrategy Bought 6455 Bitcoin! Here’s the Average Cost!

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Microstrategy, one of the largest institutional investors in Bitcoin, announced in its latest statement to the SEC that it has purchased 6455 more Bitcoin.

The acquisition took place between February 16, 2023 and March 23, 2023.

The value of the BTCs bought by the company was $ 150 million, while the last purchase cost was $ 23,238.

With the last purchase, the number of BTC in Microstrategy’s hands increased to 138,955, while the overall BTC cost of the company decreased to $ 29817.

“MicroStrategy purchased approximately 6,455 bitcoins with MicroStrategy’s subsidiaries between February 16, 2023 and March 23, 2023 for approximately $150.0 million in cash and an average of $23,238 per BTC.

As of March 23, 2023, MicroStrategy, together with its subsidiaries, has approximately 138,955 bitcoins purchased at a total purchase price of approximately $4.14 billion and an average purchase price of approximately $29,817 per bitcoin, including fees and expenses.”

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