MicroStrategy Acquires Another 4,167 Bitcoin
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MicroStrategy’s division MacroStrategy has just acquired 4,167 BTC worth $190.5 million, the company founder and CEO Michael Saylor has said.
He has said that the average purchase price of one Bitcoin was about $45,714. In total, MicroStrategy currently holds 129,218 BTC in its reserves.
According to Bitcoin Treasuries estimates, the total value of the leading crypto in MicroStrategy’s reserves is about $6.09 billion.
The company raised just a week ago a $205 million loan secured by its cryptocurrency savings to obtain a loan to purchase more bitcoins.
Glassnode analysts have previously noted whales are continuing their Bitcoin accumulation trends.
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