9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Analyst software provider MicroStrategy has purchased another 480 BTC for an average price of around $20,817, according to company founder and CEO Michael Saylor. MicroStrategy purchased an additional
Analyst software provider MicroStrategy has purchased another 480 BTC for an average price of around $20,817, according to company founder and CEO Michael Saylor.
MicroStrategy purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per person. #bitcoins. As of 28.06.22 @MicroStrategy It amounts to ~129,699 bitcoins obtained for ~$3.98 billion at an average price of ~$30,664 per bitcoin. $MSTRhttps://t.co/leQYTXn817
— Michael Saylor⚡️ (@saylor) 29 June 2022
Saylor said that as of June 28, MicroStrategy has 129,699 BTC, which was purchased at an average price of $30,664 for $3.98 million.
Against the background of the collapse of the first cryptocurrency, the company’s “paper” loss from holding bitcoin exceeded $ 1 billion.
Recall that in June Saylor’s MicroStrategy will continue to hold digital gold even in weak market conditions, as the firm’s investment strategy provides volatility and adverse conditions.
The CEO of an analytics software provider believes this approach will provide the company with a “bright future” for years to come.
In March, MicroStrategy took out a $205 million loan to buy cryptocurrencies. Sailor previously said that Bitcoin would have to drop below $3,562 for the company to run out of digital assets to meet its obligations.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/KE4UUB6IMBHFPF7CM6VQ4GVBJY.jpg "Artificial intelligence that plays Minecraft expert")
