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.
MicroStrategy has purchased an additional 660 bitcoins for ~$25.0 million in cash at an average price of ~$37,865 per #bitcoin. As of 1/31/22 we #hodl ~125,051 bitcoins acquired for ~$3.78 billion at an average price of ~$30,200 per bitcoin. $MSTRhttps://t.co/bF6VImC0Qy
— Michael Saylor⚡️ (@saylor) February 1, 2022
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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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