2 years ago
Business quality steadfast MicroStrategy bought 301 Bitcoins for $6 cardinal astatine an mean terms of $19,851 per BTC, according to a Sept. 20 filing.
According to the filing, it made this acquisition betwixt Aug. 2 and Sept. 19.
MicroStrategy present holds astir 130,000 BTC purchased for astir $3.8 billion.
Based connected its caller purchase, MicroStrategy holds astir 10x much BTC than the nearest nationalist institution holding the flagship asset, according to Coingecko data.
On Sept. 99, MicroStrategy revealed it could merchantability up to $500 cardinal successful its people A communal banal to bargain much Bitcoin.
MicroStrategy president Michael Saylor is simply a vocal Bitcoin supporter. He, alongside the firm, is facing charges from Washington DC implicit allegations of taxation fraud.
Saylor precocious stated that his firm’s banal had outperformed large tech companies similar Google, Meta, Netflix, and Microsoft since it adopted the Bitcoin standard.
Since @MicroStrategy adopted the #Bitcoin Standard:
MSTR +67%, BTC +65%, GOOG +39%, AAPL +34%, ORCL +25%, MSFT +18%, S&P 500 +15%, IBM +5%, NASDAQ +4%, GOLD -17%, BOND -18%, AMZN -22%, CRM -23%, SILVER -32%, META -44%, SAP -47%, NFLX -50%
— Michael Saylor
(@saylor) September 17, 2022
Meanwhile, Bitcoin’s terms roseate by 2.1% successful the past 24 hours to $19,124. The asset’s worth had dipped to arsenic debased arsenic $18,471 wrong the erstwhile 7 days.
The station MicroStrategy buys further 301 Bitcoin for $6M appeared archetypal connected CryptoSlate.
English (US) 