The largest BTC corporate holder – MicroStrategy – has stayed true to its word by making another bitcoin purchase earlier today.
The firm accumulated 301 coins at an average price below $20,000 and rounded up its entire stash to 130,000.
- MicroStrategy’s founder and executive chairman – Michael Saylor – took it to Twitter today to announce the latest BTC purchase.
- The company spent $6 million at an average price of $19,851 per bitcoin to acquire 301 coins, bringing its total holdings to precisely 130,000 BTC. Thus, the Nasdaq-listed business intelligence software reaffirmed its spot as the largest corporate holder of bitcoin.
MicroStrategy кошумча 301 биткойнду ~ 6.0 миллион долларга орточо баада ~ 19,851 XNUMX долларга сатып алды. #bitcoin. 9га карата @MicroStrategy $130,000 миллиардга алынган ~3.98 биткойндор бир биткойндун орточо баасы боюнча ~30,639 долларды түзөт.https://t.co/5kYW98ij4I
- Майкл Сейлор⚡️ (@saylor) Сентября 20, 2022
- It’s worth noting, though, that MicroStrategy sits on a massive unrealized loss on its BTC investments since it spent almost $4 billion to accumulate its stash at an average price of just over $30,000.
- With BTC now trading at around $19,000, it means that the firm’s position is worth $2.5 billion – or a potential loss of $1.5 billion.
- Nevertheless, MicroStrategy has vowed not to sell any of its bitcoin holdings, despite the dire situation. Even after Saylor суу- as its CEO, the company has continued to accumulate more BTC and even пландар to raise more money to do so.
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Source: https://cryptopotato.com/microstrategys-bitcoin-stash-reached-130000-following-another-6m-purchase/