April 25, 2025
Blockchain

MicroStrategy bought more than 4100 BTC for $190 million

  • April 5, 2022
  • 0

MicroStrategy’s division, MacroStrategy, bought 4,167 BTC worth $190.5 million, according to company founder and CEO Michael Saylor. MacroStrategy purchased an additional 4,167 bitcoins for ~$190.5 million at an

MicroStrategy’s division, MacroStrategy, bought 4,167 BTC worth $190.5 million, according to company founder and CEO Michael Saylor.

According to him, the average purchase price of one bitcoin was around $45,714. In total, MicroStrategy currently has 129,218 BTC reserves. The company’s website published a report for the SEC detailing the deal.

According to Bitcoin Treasures, the total value of digital gold in MicroStrategy reserves is approximately $6.09 billion.

Recall that a week ago the company took out a $205 million loan secured by cryptocurrency savings. The purpose of taking a loan was officially called buying more bitcoins.

Glassnode analysts previously noted that the trend towards bitcoin accumulation among whales continues. Among the companies that showed active demand for the first cryptocurrency, they called it MicroStrategy.

Source: Fork Log

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