MicroStrategy Announces Massive $1.1 Billion Bitcoin (BTC) Purchase

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MicroStrategy Announces Massive $1.1 Billion Bitcoin (BTC) Purchase
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Michael Saylor, the co-founder and current chairman of MicroStrategy, announced the latest massive BTC purchase his company made.

According to data until September 12, the firm now holds 244,800 BTC, which it acquired for $9.45 billion. This means that the company now stands at an unrealized profit of nearly $5 billion. This is because its average acquisition price stands at $38,585 per bitcoin.

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