Crypto

Having bought an additional 3K BTC, Michael Saylor’s MicroStrategy now owns $10 billion worth of cryptocurrency.

MicroStrategy (MSTR), the biggest corporate bitcoin (BTC) owner, has brought its overall holdings to 193,000 coins after spending $155 million to buy an extra 3,000 tokens.

The tokens were purchased at an average cost of $51,813 apiece during the period of February 15 to February 25, as stated in a filing with the SEC.

Michael Saylor, the Executive Chairman, stated that the corporation currently has 193,000 bitcoin, which were bought for $6.09 billion, or an average price of $31,544 per. MicroStrategy’s unrealized profit is currently $3.8 billion, with the price of bitcoin at $51,366. The pre-market price of MSTR shares is currently $695, up 1.1%.

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