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MicroStrategy has acquired 12,000 BTC
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MicroStrategy has acquired 12,000 BTC

Mar 11, 2024

According to a report submitted to the U.S. Securities and Exchange Commission, during the period from February 26 to March 10 of this year, the company conducted transactions to purchase cryptocurrencies totaling approximately $821.7 million at an average purchase price of $68,477 per unit. These purchases were made through the placement of convertible bonds, with their maturity scheduled for 2030.

According to company representative Michael Taylor, MicroStrategy currently has a portfolio of 205,000 bitcoins worth approximately $6.91 billion, with an average value of $33,706 per bitcoin.

At the moment, the exchange rate of the first cryptocurrency is approximately at the level of $71 600, exceeding $72,000 briefly during March 11. Over the past day, the value of the asset has increased by 2.6%, according to CoinGecko data.

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