MicroStrategy Acquires $29.3 Million in Bitcoin, Now Holds Exactly 140,000 BTC
This marks MicroStrategy's second Bitcoin purchase in recent days, bringing the total value to nearly $180 million.
MicroStrategy Acquires $29.3 Million in Bitcoin, Now Holds Exactly 140,000 BTC
On the evening of April 5, MicroStrategy's Chairman, Michael Saylor, announced that the company had added 1,045 BTC (valued at $29.3 million) to its portfolio, with an average purchase price of $28,016 per BTC.
MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR https://t.co/IBufTxalnv
— Michael Saylor⚡️ (@saylor) April 5, 2023
With this latest acquisition, MicroStrategy's total Bitcoin holdings have reached exactly 140,000 BTC, with a total purchase cost of $4.17 billion and an average purchase price of $29,803.
At the current BTC price of $28,550, MicroStrategy's Bitcoin investment is valued at approximately $3.997 billion, reflecting an unrealized loss of 4.15%.
Notably, on March 27, MicroStrategy invested $150 million to acquire 6,455 BTC after a nearly three-month hiatus, demonstrating the company's continued commitment to its long-term Bitcoin investment strategy.
