MicroStrategy Buys Another $94 Million Worth of BTC Amid $49K

MicroStrategy – the company, spearheaded by one of the most popular and prominent Bitcoin permabulls, Michael Saylor – announced today that it had bought another $94 million worth of BTC.

• MicroStrategy has definitely made a name for itself in the past couple of years when it comes to acquiring BTC.
• Today, Saylor announced that the company has bought another 1,914 bitcoins for roughly $94.2 million in cash.
• The average price of the buy was around $49,229 per BTC.
• At the time of this writing, the company owns 124,391 BTC, which is currently worth around $3.75.
• The average price that MicroStrategy has on its bitcoin purchases is approximately $30,159.

MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin. As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin. $MSTRhttps://t.co/tNxDwaT8VD

— Michael Saylor (@saylor) December 30, 2021