Micro Strategy purchases another 300 BTC
9/20/2022, 04:13 PM
MicroStrategy is a company that offers solutions for business intelligence, report generators, and online analytical processing. In August 2020, they began investing in the cryptocurrency Bitcoin. As of December 9, 2021, they hold a total of 122,478 bitcoins, which were accumulated at an average price of $29,861 per bitcoin.
MicroStrategy is believed to be buying Bitcoin as a way to hedge against inflation. Additionally, Michael J. Saylor, the CEO of MicroStrategy, is a big proponent of Bitcoin and advises other entrepreneurs on investing in the cryptocurrency. MicroStrategy, a company headed by former CEO Michael Saylor, has announced the purchase of Bitcoin worth approximately 6 million US dollars. This is the first time the company has bought the digital currency since June, and since Saylor's resignation as CEO in August.
As a document from the SEC shows, the company acquired around 301 Bitcoin in the period from August 2nd to September 19th, 2022. MicroStrategy paid an average of $19,851 per BTC for this. MicroStrategy's Bitcoin balance thus increases to around 130,000.
This purchase makes MicroStrategy the largest publicly listed company with the digital currency on its books. Saylor confirmed the purchase on Twitter. He was recently accused of tax evasion in the United States.
This is just one of many buyers. MicroStrategy's Bitcoin portfolio is growing and growing!
MicroStrategy is believed to be buying Bitcoin as a way to hedge against inflation. Additionally, Michael J. Saylor, the CEO of MicroStrategy, is a big proponent of Bitcoin and advises other entrepreneurs on investing in the cryptocurrency. MicroStrategy, a company headed by former CEO Michael Saylor, has announced the purchase of Bitcoin worth approximately 6 million US dollars. This is the first time the company has bought the digital currency since June, and since Saylor's resignation as CEO in August.
As a document from the SEC shows, the company acquired around 301 Bitcoin in the period from August 2nd to September 19th, 2022. MicroStrategy paid an average of $19,851 per BTC for this. MicroStrategy's Bitcoin balance thus increases to around 130,000.
This purchase makes MicroStrategy the largest publicly listed company with the digital currency on its books. Saylor confirmed the purchase on Twitter. He was recently accused of tax evasion in the United States.
This is just one of many buyers. MicroStrategy's Bitcoin portfolio is growing and growing!
- September 20, 2022 - 130,000 bitcoins
- June 28, 2022 - 129,699 bitcoins
- May 7, 2022 - 129,218 bitcoins
- January 31, 2022 - 125,051 bitcoins
- December 30th, 2021 - 124,391 bitcoins
- 11/29/2021 to 12/08/2021 - 122,478 bitcoins
- November 29th, 2021 - 121,044 bitcoins
- September 13th, 2021 - 114,042 bitcoins
- June 21st, 2021 - 105,085 bitcoins
- May 18th, 2021 - 92,079 bitcoins
- May 13th, 2021 - 91,850 bitcoins
- April 5th, 2021 - 91,579 bitcoins
- March 12th, 2021 - 91,326 bitcoins
- March 5th, 2021 - 91,064 bitcoins