MicroStrategy, which has been accumulating Bitcoin non-stop since 2020, made another large purchase as the asset fell.
MicroStrategy added 660 BTC, purchased for $25 million, to its wallets. The deal took place from December 30 to January 31, and the software company paid an average of $37,865 per Bitcoin.
B Micro Strategy currently holds 125,051 BTC in its reserves, purchased for $3.78 billion, with an average value of just over $30,000 per coin. At current prices, the company's assets are valued at $4.8 billion.
Michael Saylor's accumulation strategy also goes beyond MicroStrategy. In December, he announced that he personally owns more than 17,000 BTC worth about $680 million.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
The Game of Thrones star is interested in investing in crypto
BTC's bull run has caught the attention of the stars. Maisie Williams, known for her role as Arya Stark in the TV series Game of Thrones, asked Twitter users for advice on investing in Bitcoin.
Teletubbies invest in Bitcoin
The British children's animated series “Teletubbies,” which has been airing since 1997, has hinted at a possible investment in Bitcoin.
