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Home NEWS NEWS BITCOIN HOT: MicroStrategy quotes $ 1 billion to buy more Bitcoin

HOT: MicroStrategy quotes $ 1 billion to buy more Bitcoin

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HOT: MicroStrategy quotes $ 1 billion to buy more Bitcoin

According to a recent announcement from MicroStrategy's chief executive, Michael Saylor, that his company has bought more than 19,000 BTC.

MicroStrategy now owns more than 90,000 BTC after spending more than $ 1 billion on an additional 19,452 BTC - according to a recent announcement from Michael Saylor himself.

On twitter, Saylor said that MicroStrategy purchased an additional 19,452 BTC for about $ 1 billion in cash at an average price of $ 52,765 per Bitcoin, including fees and costs.

MicroStrategy's move to buy more Bitcoin came days after MicroStrategy raised $ 1 billion in US dollars for plans to hoard more Bitcoin this month.

As BTA announced, MicroStrategy has been continuously accumulating Bitcoin since last August, which is considered MicroStrategy's treasury management strategy after the company declared, “Bitcoin is the company's primary reserve asset. ty ”.

Late last month, MicroStrategy said it would explore "many different approaches" to earn more BTC.

microstrategy accumulated more btc


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