Cryptocurrency

MicroStrategy adds another $10 million in bitcoin to its holdings

MicroStrategy adds another $10 million in bitcoin to its holdings: (The Block) MicroStrategy has made yet another addition to its growing stockpile of bitcoin. On Tuesday, the publicly traded company bought 229 BTC for $10 million at an average of roughly $44,000 per BTC, according to an 8-K form filed with the Securities and Exchange Commission.   […]

By Chris Sykora · May 18, 2021

MicroStrategy adds another $10 million in bitcoin to its holdings:

(The Block)

MicroStrategy has made yet another addition to its growing stockpile of bitcoin.

On Tuesday, the publicly traded company bought 229 BTC for $10 million at an average of roughly $44,000 per BTC, according to an 8-K form filed with the Securities and Exchange Commission.

MicroStrategy now owns 92,079 bitcoins worth $2.25 billion total for about $24,000 per BTC.

Continue to read the full story at The Block.