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News Explorer — MicroStrategy Buys Another $147 Million Worth of Bitcoin

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Sep 25, 1:36 pm
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MicroStrategy Buys Another $147 Million Worth of Bitcoin

MicroStrategy, the largest corporate holder of Bitcoin, has acquired an additional 5,445 BTC for $147.3 million, bringing its total holdings to 158,245 BTC purchased at an average price of $29,582. However, the ongoing bear market has resulted in the company being in the red on its historical investments in Bitcoin, with the fiat value of its holdings currently standing at around $4.1 billion.

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