Michael Saylor’s MicroStrategy invested around $347 million in Bitcoin
Join Our Telegram channel to stay up to date on breaking news coverage MicroStrategy ’ s recent Bitcoin investment has taken the crypto space by storm. The company has been buying Bitcoin from April this year to June and has now emerged as the world ’ s largest corporate owner of Bitcoin. In the recent investment, MicroStrategy invested around $347 million to buy 12,333 Bitcoin. The investment took place at an average price of $28,136 per Bitcoin. This recent buy-in pulled up the company ’ s holdings to a total of 152,333 Bitcoin, which was acquired at an average price of $29,668 per Bitcoin and amounted to $4.52 billion. Saylor Took to Twitter to Announce his Recent Acquisition. Michael Saylor of MicroStrategy took to Twitter to announce the company’s largest Bitcoin acquisition since 2021, when it had bought over 13000 Bitcoin at an average price of $37,615. Later in 2021, the price of Bitcoin almost doubled when it soared to nearly $70000. MicroStr...