MicroStrategy Now Owns 105,085 Bitcoin in Total After the Latest Buy at an Average Price of $37,600

2021-6-22 17:49

Publicly-listed MicroStrategy has bought another 13,005 BTC for about $489 million in cash at an average price of approximately $37,617 per bitcoin.

Meanwhile, today the price of Bitcoin dropped as low as $31,750.

With this latest purchase, MicroStrategy now holds an aggregate of 105,085 bitcoins, which were acquired at about $2.741 billion, and an average purchase price of approximately $26,080 per bitcoin.

MicroStrategy CEO Michael Saylor, however, isn't done with purchasing Bitcoin yet as about a week back, he announced that the company has filed with the US SEC to sell up to $1 billion in common shares to buy even more Bitcoin.

So far, he owns 0.56% of Bitcoin's circulating supply, as of writing. The companys’ holdings also represent 0.5% of Bitcoin’s fixed supply of 21 million.

Now, given that Saylor has already bought BTC, the market doesn't have this factor working in its favor. Combined with China aggressively going after crypto mining and trading ahead of the 100th anniversary of the ruling party on July 1st, puts BTC price and by extension altcoins in danger of more sell-off.

It needs to be seen if Bitcoin will hold the $30,000-$40,000 range or go for 2017 bull market ATH of $20k.

The post MicroStrategy Now Owns 105,085 Bitcoin in Total After the Latest Buy at an Average Price of ,600 first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 70002.28 (-0.06%)
Объем 24H $38.922b
Изменеия 24h: -1.28 %, 7d: 11.53 %
Cегодня L: $69321.3 - H: $70311.19
Капитализация $1379.163b Rank 1
Цена в час новости $ 32897.95 (112.79%)

bitcoin price average microstrategy approximately 750 cash

Источник: bitcoinexchangeguide.com

bitcoin price → Результатов: 126


Bitcoin Price Prediction: Expert Spotlights “Very Good” BTC Buying Opportunity Amid Ethereum (ETH) ETF Frenzy – Here’s His Outook

Bitcoin’s price trajectory remains a topic of intense speculation, with analysts closely monitoring market patterns and key events. In a video analysis, top analyst Crypto Rover delved into Bitcoin’s price trends, potential breakout scenarios, and the impact of the upcoming Ethereum spot ETF decision.

2024-5-20 18:30


Bitcoin Price Trajectory: Is a Major Shift Looming? Expert Highlights These Key BTC Trends

Bitcoin, the world’s largest cryptocurrency, finds itself in a precarious position as it approaches the weekly closure, threatening to register its fourth consecutive red candle. This rare occurrence has sparked concerns within the crypto community, prompting experts like Sjuul of AltCryptoGems to analyze Bitcoin’s price action on higher timeframes.

2024-4-28 19:30


Bitcoin (BTC) price prediction after breaching $72k

Bitcoin price forecast points to a possible $82,000. Ten days remain to the much anticipated Bitcoin halving event. Kangamoon, a new meme coin, has raised over $4M in its ongoing presale taking advantage of the crypto hype created by Bitcoin’s price surge Bitcoin (BTC) has been making significant waves in the cryptocurrency market, with its […] The post Bitcoin (BTC) price prediction after breaching $72k appeared first on CoinJournal.

2024-4-8 15:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account?

How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.