Friday, July 1

MicroStrategy Buys 1,914 Bitcoin, Now Has Nearly $ 6 Billion In Crypto By CoinTelegraph

© Reuters. MicroStrategy Buys 1,914 Bitcoin, Now Has Nearly $ 6 Billion In Cryptocurrency

Business intelligence firm MicroStrategy has added $ 94 million in (BTC) to its holdings after purchasing the crypto asset at an average price of $ 49,229.

According to a Thursday filing with the U.S. Securities and Exchange Commission, MicroStrategy bought 1,914 BTC between Dec. 9 and Dec. 29 for $ 94.2 million, bringing its total holdings to 124,391 BTC. With the recent purchase, the company’s holdings are valued at approximately $ 5.9 billion, representing more than $ 2.1 billion in profit.

  • Insiders sold MicroStrategy shares after Bitcoin’s uptrend
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