MicroStrategy's management continues to ramp up its bitcoin investment. According to its CEO Michael Saylor, his team recently bought another 252 BTC at $ 57,140 per coin.
Sailor posted similar statements on Twitter before. At the moment, a total of 91,330 bitcoins are under the control of MicroStrategy. The company sent $ 2.21 billion to purchase this volume of a cryptocurrency. On average, each coin costs MicroStrategy $ 24,210.
On Saturday, March 13, the bitcoin rate is holding around $ 56,720.
In March 2021, the MicroStrategy team has already reported twice on the purchase of BTC. On the first day of this month, she bought 328 coins worth up to $ 15 million. The second purchase amounted to 205 BTC for $ 10 million (dated March 5).
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In February, MicroStrategy acquired 20,000 coins, paying about $ 1 billion for this volume of digital currency. In the list of public companies that own bitcoin, MicroStrategy occupies a leading position.
The CEO of this IT giant, Michael Sailor, has previously repeatedly pointed out the great potential of Bitcoin. In his opinion, soon we will see how Bitcoin will reach $ 500,000 without any problems.
In the future, BTC will be able to bypass gold in terms of capitalization, the businessman believes.