MicroStrategy Acquires $1 Billion+ in Bitcoin, Total Holdings Reach $4.5 Billion
Microstrategy has bought more than $1 billion BTC. They bought 19,452 Bitcoins for an average price of $52,765 per bitcoin. They now have 90,531 Bitcoins at an average price of $23,985.
The firm has spent a total of $2.171 billion on Bitcoin and its holdings as of Wednesday morning are $4.5 billion.
For more, see CNBC’s “MicroStrategy buys more than $1 billion worth of bitcoin, adding to massive holdings.”
Bitcoin
- Bitcoin Plummets 13% in a Week: Crypto Market Update & Analysis
- Vitalik Buterin Donates $1 Billion in Cryptocurrency to India COVID Relief Fund
- MicroStrategy Acquires $1 Billion+ in Bitcoin, Total Holdings Reach $4.5 Billion
- Square Invests $170 Million in Bitcoin – A Sign of Corporate Confidence?
- Amazon & Bitcoin Bubble: Historical Price Comparisons & Potential Implications
- Bitcoin (BTC) Breakout: Analyzing a Potential End to the Bear Market
- Bitcoin Mining Progress: Only 4 Million Bitcoins Remaining
- Bitcoin Price Surge to $6,000: Analysis & Future Outlook
- Income Statistics: How Many Americans Earn Over $100,000 Annually?
-
GBTC Premium Turns Negative: Bitcoin Oversold Opportunity?GBTC, which often trades at a high premium traded negative today. Right now, BTC is at $48k and Grayscale is trading under $45. In general, I would take this as a sign that Bitcoin is oversold, f...
-
Bitcoin (BTC) 0.382 Fibonacci Retracement: Support & Historical ContextBTC has been consolidating on top of the 0.382 fib after pulling back in from the 0.618 in 2019 measuring from the top of the 2017 bubble to the bottom in 2018. A pullback from the 0.618 to the ....
