MicroStrategy Invests an Additional $15M in Bitcoin
Main page News, Cryptocurrency
Hot topic
5 April
577 577

NASDAQ-listed analytics software provider MicroStrategy has just purchased 253 BTC valued at $15M, the company CEO Michael Saylor has reported.

The average purchase price is $59,339, including fees.

In total, MicroStrategy currently holds 91,579 Bitcoins valued at $2.22B with an average purchase price of $24,311.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

In August 2020, MicroStrategy became the first public company to convert a portion of its equity ($250M) into Bitcoin.

In December, MicroStrategy issued debt to fund the purchase of the cryptocurrency. The company placed $650M in convertible bonds.

In February, MicroStrategy issued more debt (over $1B) and invested in the leading crypto again.

The company bought in March 262 BTC for about $15M and around 205 BTC for about $10M.

Read also:
Please describe the error
Close