MicroStrategy announced that it had purchased 253 Bitcoins worth $ 15 million. The software company's balance sheet includes 91,579 Bitcoins as of April 5th.
MicroStrategy announced today that it is expanding its Bitcoin reserve with a document it submitted to the SEC. The company put the average purchase price of the 253 Bitcoins it received at $ 59,339. BTC / USD is trading at $ 57,994 on Coinbase at the time of writing.
There are 91,579 BTC in reserve
The company, which first announced its cryptocurrency investments in August 2020, has since purchased 91,579 bitcoins in total. MicroStrategy, with an average purchase of $ 24,311, spent a total of $ 2 billion 226 million on all this investment.
91,579 bitcoins, equivalent to $ 5 billion 311 million at the time of writing. The company earned 138% of its Bitcoin Investment and doubled its money. MicroStrategy shares sold at $ 123.92 on July 31, compared with $ 703.56 today.
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