MicroStrategy Increases Bitcoin Holdings with $1.11 Billion Purchase | Flash News Detail | Blockchain.News

MicroStrategy Increases Bitcoin Holdings with $1.11 Billion Purchase

9/13/2024 1:40:38 PM

MicroStrategy Increases Bitcoin Holdings with $1.11 Billion Purchase

According to Lookonchain, MicroStrategy has acquired an additional 18,300 BTC for $1.11 billion at an average price of $60,408 between August 6 and September 12. The company now holds a total of 244,800 BTC valued at $14.15 billion, with an average buying price of $38,585 per BTC. At current market prices, MicroStrategy's Bitcoin holdings have generated a profit of approximately $4.71 billion. (Source)

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