Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC – Featured Bitcoin News

With Tuesday's $BTC purchase, Microstrategy now holds 129,218 bitcoin. crypto cryptocurrency

Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC

The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins.The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday:

Macrostrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at an average price of ~$45,714 per bitcoin. As of 4/4/22 Microstrategy hodls ~129,218 bitcoins acquired for ~$3.97 billion at an average price of ~$30,700 per bitcoin. At the time of writing, the price of bitcoin is $46,819, based on data from Bitcoin.com Markets. It has risen 14% over the past two weeks and 19% over the last 30 days.a $205 million BTC-backed loan from Silvergate Bank last month in order to purchase more bitcoin.

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