MicroStrategy increased its BTC reserves by purchasing another 5,050 Bitcoins.
The CEO of MicroStrategy announced the acquisition of 5,050 bitcoins for a total of $242.9 million, at an average price of $48,099 per coin.
In just the third quarter, the company replenished its wallets by 8957 BTC. At the end of the summer, MicroStrategy held more than 108,992 BTC in its wallets.
The company owns about 114,042 BTC for a total of $3.16 billion.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Bitcoin falling below $70K causes liquidation of $400 million
Bitcoin plummets below $70,000, leading to $400 million in mass liquidations
Analyst: Bitcoin is trading in an ascending channel despite the price decline
Despite falling below $56,000, Bitcoin's long-term prospects remain optimistic.
