MicroStrategy buys further 3,000 Bitcoin price $155M

• MicroStrategy has acquired an extra 3,000 Bitcoin (BTC) for $155 million.
• The corporate now holds 193,000 BTC acquired at a mean value of $31,544.

Michale Saylor’s MicroStrategy is constant with its Bitcoin technique with one other enormous buy of the flagship cryptocurrency.

MicroStrategy buys 3,000 extra BTC

On Monday, the enterprise intelligence firm introduced it had acquired an extra 3,000 Bitcoin (BTC) for $155 million. The corporate’s founder and Chairman Michael Saylor revealed the newest haul through his X account.

In line with the announcement, MicroStrategy acquired the 3k BTC for a mean value of $51,813 every. With this, the publicly listed firm’s complete Bitcoin holdings have elevated to 193,000 BTC. The US-based agency has since its first buy in 2020 amassed bitcoin acquired for $6.09 billion.

Within the grand scheme of issues, MicroStrategy’s Bitcoin acquisition has been at a mean value of $31,544.

MicroStrategy has acquired an extra 3,000 BTC for ~$155 million at a mean value of $51,813 per #bitcoin. As of two/25/24, @MicroStrategy now hodls 193,000 $BTC acquired for ~$6.09 billion at a mean value of $31,544 per bitcoin. $MSTR https://t.co/micudbYf3P

— Michael Saylor⚡️ (@saylor) February 26, 2024

MicroStrategy’s newest buy got here as BTC value retreated from the current highs of $53,000. Whereas some analysts say BTC may dip under $50k and certain bounce from the $48k help degree, many stay extraordinarily bullish.

On February 20, Saylor known as BTC “the exit technique” highlighting his firm’s long run view.

The corporate purchased $615 million price of BTC in December 2023.