MicroStrategy continues to receive Bitcoin

Şükriye Akdeniz

Aug 24, 2021

MicroStrategy continues to receive Bitcoin

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The company MicroStrategy has previously announced that it will report crypto assets. Today, he announced a new Bitcoin purchase he made. According to the statement, the company purchased another $177 million worth of Bitcoin.
Software company MicroStrategy purchased $177 million worth of Bitcoin in the third quarter of the fiscal year, according to their most recent filing with the U.S. Securities and Exchange Commission on August 24. The average purchase price is about $45,294 per BTC.
The company owns 108,992 Bitcoins, worth $2.918 billion in total.
It's been a year since MicroStrategy started massive Bitcoin investments. In this one-year period, the company's shares grew by about 450 percent, while MicroStrategy CEO Michael Saylor gained a great reputation in the crypto community with 1.4 million Twitter followers.

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