MicroStrategy bought 301 Bitcoins worth $6 million, increasing its Bitcoin holdings to around 130,000.
According to the report he made on his latest acquisition, MicroStrategy reached $2.5 billion in net Bitcoin asset value and retained the title of the company holding the most Bitcoin.
MicroStrategy Will Continue Bitcoin Purchases
Known for its Bitcoin purchases and support, MicroStrategy is constantly on the agenda. Finally, it came to the fore with the purchase of 301 Bitcoins. According to the latest report published, MicroStrategy stated that it bought an average of $ 19.8 thousand and wanted to buy more. It is claimed that the company, which will continue with the plan and purchases, will sell 500 million dollars of shares in order to raise funds.
The company, which makes purchases at every opportunity regardless of the direction of the market, also wants to evaluate the recent market declines. Despite the fact that his net Bitcoin asset value exceeded 5 billion dollars, he did not give up on his investment approach. With the recent market declines, MicroStrategy is trying to turn the decline of its Bitcoin asset value to $ 2.5 billion into an opportunity.
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