MicroStrategy Buys 55.5k Bitcoin, Now Holds 386,700 BTC!

MicroStrategy Buys 55.5k Bitcoin, Now Holds 386,700 BTC!

Michael Saylor’s Bitcoin Strategy

The post MicroStrategy Buys 55.5k Bitcoin, Now Holds 386,700 BTC! appeared first on Coinpedia Fintech News

Micheal Saylor-led MicroStrategy has acquired 55,500 BTCs today. Reportedly, the firm has purchased it for ~$5.4 billion and an average buy price of $97,862 per token. Moreover, the Bitcoin holding has achieved a Yield of 35.2% Quarter-to-Date (QTD) and 59.3% Year-to-Date (YTD). As per the latest data, MicroStrategy holds 386,700 BTC tokens which were acquired for a total of ~$21.9 billion and an average buy price of ~$56,761 per Bitcoin.

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