Microstrategy Buys BTC Again — 262 in Total for $15 Million

Microstrategy Buys BTC Again — 262 in Total for $15 Million

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.

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