MicroStrategy bought another $10 million worth of Bitcoin.
Software company MicroStrategy continues its Bitcoin purchases. Michael Saylor, one of the leading figures in the crypto world, announced on his Twitter account today that his company MicroStrategy has received 480 BTC, which corresponds to approximately $ 10 million. The average price at purchase was 20,817.
MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per #bitcoin. As of 6/28/22 @MicroStrategy holds ~129,699 bitcoins acquired for ~$3.98 billion at an average price of ~$30,664 per bitcoin. $MSTRhttps://t.co/leQYTXn817
— Michael Saylor⚡️ (@saylor) June 29, 2022
Announcing that it will not change its Bitcoin policies while the decline in the market continues, the company increased the amount of BTC it holds to 129,699 with this purchase. The company, which spent about $ 4 billion on Bitcoin purchases, reduced its cost to $ 30,664 with its last purchase.
Bitcoin, which has fallen by more than 4% in the last 24 hours, is trading at $20,094 as of publication time.