Markets
Bu makaleyi paylaş

MicroStrategy Adds to Bitcoin Trove With Another $10M Purchase

MicroStrategy now holds 71,079 BTC.

Yazan Zack Voell
Güncellendi 14 Eyl 2021 öö 11:04 Yayınlandı 2 Şub 2021 ös 2:50 1 min readAI tarafından çevrildi
microstrategy_flickr

MicroStrategy (MSTR) isn't finished buying bitcoin.

  • The business intelligence company added 295 BTC to its hoard, per a Tuesday filing.
  • This marks the second $10 million purchase this year, after MicroStrategy bought 314 BTC less than two weeks ago, per CoinDesk's prior reporting.
  • MicroStrategy's most recent buys were executed at an average price of $33,810, suggesting that it may have accumulated the new coins after the market dropped following a price spike around social media frenzy stirred by Elon Musk's Twitter account.
  • On the company's earnings call last week, CEO Michael Saylor said his company will "continue to actively manage" its balance sheet and "progressively acquire more bitcoin" at prices "that probably keep going up."
  • MicroStrategy now holds 71,079 BTC, per the filing.
Bitcoin MarketsMicroStrategy

More For You

NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump

By Francisco Rodrigues|Edited by Aoyon Ashraf
6 hours ago
Near co-founder Illia Polosukhin speaks at NEARCON 2021. (NEAR)

The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.

What to know:

  • NEAR token climbed 15% over 24 hours to $2.8, extending a month-long rally that has nearly doubled its price (up 90%).
  • The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.
  • Investors are anticipating a June...
Read full story