With Microstrategy’s infamous bitcoin purchase back in 2020, the firm has consistently made headlines. This time, the company purchased more bitcoins again — 262 BTC for $15 million.
Michael Saylor, CEO of Microstrategy, tweeted that the firm now holds a total of 91,326 BTC. At the time of writing, the total value for their accumulated bitcoins is more than $5 billion. Saylor mentions that the average price for their bitcoin purchase is $24,214.
As of the moment, MicroStrategy is the biggest independent publicly-traded business intelligence firm with a premier enterprise analytics platform. The firm has been consistently buying bitcoins since 2020.
Their CEO, Michael Saylor believes that 2021 will be a good year for bitcoin. The company firmly backed those words with actions as Microstrategy continues to be in the headlines for their massive bitcoin purchases.
This article first published on coinquora.com
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