MicroStrategy Buys Another 3,000 BTC
Main page News, Bitcoin

MicroStrategy acquired another 3,000 Bitcoins valued at $155 million at an average price of $51,813 between February 15 and February 25.

Michael Saylor, founder of MicroStrategy, revealed on February 26 the company now owns a total of 193,000 Bitcoins, acquired for $6.09 billion at an average price of $31,544.

The company now holds the largest amount of Bitcoins among publicly traded companies.

This recent acquisition by MicroStrategy coincides with optimistic predictions by Bloomberg analysts, who forecast that Bitcoin ETFs could overtake gold ETFs in assets under management (AUM) within the next two years.

Read also:
Please describe the error