Categories
Uncategorized

Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more than 100,000 bitcoins on its balance sheet. Microstrategy Now Holds 105,085 Bitcoin Michael Saylor’s firm Microstrategy now has approximately 105,085 bitcoins which it bought for around $2.741 billion. Using the purchasing average, the company says it purchased all the BTC at around “$26,080 per bitcoin, inclusive of fees…

The post Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC appeared first on Technology Manias.

Leave a Reply

Your email address will not be published. Required fields are marked *