Michael Saylor can’t stop: MicroStrategy now holds 130,000 Bitcoin
MicroStrategy bought an additional 301 Bitcoin for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter. MicroStrategy owns 0.62% of all the Bitcoin (BTC) that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company had bought another 301 Bitcoin for roughly $6 million, at an average price of ~$19,851 per BTC. In sum, the company is one of the largest holders of Bitcoin on the planet, holding 130,00 Bitcoin. Clearly, Saylor likes round numbers, buying 301 Bitcoin to reach the 130,000 milestone. MicroStrategy has purchased an additional 301 bitcoins for ~$6.0 million at an average price of ~$19,851 per #bitcoin. As of 9/19/22 @ MicroStrategy holds ~130,000 bitcoins acquired for ~$3.98 billion at an average price of ~$30,639 per bitcoin.https://t.co/5kYW98ij4I — Michael Saylor️ (@saylor) September 20, 2022 Due to plunging price action, the company’s investment is down substantially in U.S. ...