MicroStrategy Announces It Has Bought $25 Million In Bitcoin

Bitcoin purchases by software company MicroStrategy continue
 MicroStrategy Announces It Has Bought $25 Million In Bitcoin
READING NOW MicroStrategy Announces It Has Bought $25 Million In Bitcoin

Software company MicroStrategy’s Bitcoin purchases continue. CEO Michael Saylor, one of the biggest Bitcoin supporters, announced today that they have purchased 660 BTC worth approximately $25 million via his Twitter account. Bitcoins were received at an average cost of $37,865.

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With this purchase, the company increased the amount of BTC it holds to 125,051. The BTCs in question were purchased for an average of $ 30,200, and the total amount spent on purchases was $ 3.79 billion.

Tested $39,000

Bitcoin made another leap forward, testing $39,000 today. While Bitcoin has gained 4% in the last 24 hours, it is trading at $ 38,603 as of the time of publication.

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