BREAKING: MicroStrategy buys another 12,333 bitcoins for $347 million
MicroStrategy purchased an additional 12,333 bitcoins for a total of $347 million in cash.
Now the company holds a total of around 152,333 bitcoins, worth roughly $4.6 billion at current prices.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Michael Saylor's MicroStrategy purchased an additional 12,333 bitcoins for a total of $347 million in cash — at an average price of around $28,136 per bitcoin — between April 29 and June 27, according to a Securities and Exchange Commission filing submitted Wednesday.
Bitcoin has seen a price rise in recent weeks, thanks to a flurry of applications for spot bitcoin exchange-traded funds in the U.S., including from asset management giantstrong financial performance last month for the first quarter of this year, witnessing a net income of $461.2 million, compared to a net loss of $130.8 million in the same quarter a year earlier and a net loss of $249.7 million in the fourth quarter of 2022.© 2023 The Block Crypto, Inc. All Rights Reserved.
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