MicroStrategy Purchased An Additional 480 Bitcoin

  • Michael Saylor, CEO of MicroStrategy, announced that the company has purchased an additional 480 BTC to hold its vault.
  • The company currently holds a total of 129,699 BTC with a total cost base of $3.8 billion.
  • Saylor recently provided a list of 10 things bitcoin needs to become a stronger asset.

Michael Saylor, CEO of Bitcoin investment firm MicroStrategy, announced the company purchased an additional 480 BTC for $10 million, with an average cost of $20,817 per bitcoin.

The software analytics firm currently holds 129,699 BTC with an average price of $30,664 – note the $3.8 billion cost base. However, the current bitcoin holdings in Microstrategy’s coffers are valued at $2.5 billion.

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