Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC
featured

Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC

THELOGICALINDIAN - Nasdaqlisted Microstrategy has bought added bitcoin for its accumulated treasury The latest acquirement for 2024 bill has aloft the companys absolute cryptocurrency backing to 124391 bitcoins CEO Michael Saylor afresh said that he expects the amount of the cryptocurrency to eventually ability 6 million

Microstrategy Has Purchased More Bitcoin

The pro-bitcoin Nasdaq-listed aggregation Microstrategy has purchased 1,914 added BTC. With the latest purchase, the aggregation now holds 124,391 bitcoins. Microstrategy CEO Michael Saylor appear Thursday via Twitter:

“As of 12/29/21 we hodl ~124,391 bitcoins acquired for ~$3.75 billion at an boilerplate amount of ~$30,159 per bitcoin,” he detailed.

The amount of BTC fell hardly Thursday. At the time of writing, it is aerial at about $47,398 afterwards accident 1.4% over the aftermost 24 hours. At the accepted price, Microstrategy’s BTC backing is account about $5.9 billion.

The pro-bitcoin CEO of Microstrategy alone owns about 17,732 BTC. He afresh said that he expects the amount of the cryptocurrency to hit $600,000 a bread and eventually ability $6 million.

Saylor again said that bitcoin will alter gold. “Once aloft a time, gold was the best adorable abundance of value. Now bitcoin is demography its place,” he tweeted beforehand this month. In November, he said that bitcoin is “unstoppable” and will “emerge as a $100 abundance asset class.” Furthermore, the CEO acclaimed that “Inflation is the botheration and bitcoin is the solution.”

What do you anticipate about Microstrategy affairs added bitcoin? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons