MicroStrategy Acquires 258,320 BTC Last Year, Investing Approximately $22 Billion
Minseung Kang
Summary
- MicroStrategy announced that it acquired 258,320 BTC last year, spending $22.07 billion.
- The average purchase price of Bitcoin was $85,450.
- The Bitcoin investment return was 74.3%, resulting in an unrealized annual gain of $14.06 billion.
MicroStrategy, the company with the largest Bitcoin (BTC) holdings in the world, announced that it acquired a total of 258,320 BTC last year.
On the 7th, Michael Saylor, CEO of MicroStrategy, stated via X (formerly Twitter), "MicroStrategy acquired 258,320 BTC last year, spending $22.07 billion." The average purchase price of Bitcoin for MicroStrategy last year was $85,450.
CEO Saylor added, "The return on investment for MicroStrategy's Bitcoin is 74.3%, resulting in an unrealized annual investment gain of $14.06 billion."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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