According to Lookonchain, MicroStrategy continues to actively increase its Bitcoin holdings with another significant purchase.
New MicroStrategy Purchases
On September 13, Lookonchain reported that MicroStrategy had purchased an additional 18,300 BTC for approximately $1.11 billion, with transactions occurring between August 6 and September 12. Today, Lookonchain revealed that MicroStrategy made another significant investment, acquiring 7,420 BTC for roughly $458.2 million at a price of $61,750.
Total Holdings and Their Value
These latest acquisitions brought MicroStrategy’s total Bitcoin holdings to 252,220 BTC, valued at approximately $15.85 billion. The average acquisition cost for these bitcoins is now $39,266.
Current Financial Results
Considering the current Bitcoin prices, MicroStrategy has amassed an estimated profit of $5.95 billion from its investments in this cryptocurrency.
MicroStrategy continues to actively expand its Bitcoin holdings, boosting its financial results amid the current market conditions.
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