MicroStrategy Acquires Additional $15 Million In Bitcoin, Now Holding 91,326 BTC

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Fri, 03/12/2021 - 13:18

Yuri Molchan

Michael Saylor has just tweeted that MicroStrategy has purchased more Bitcoin with their cash reserves

MicroStrategy Acquires Additional $15 Million In Bitcoin, Now Holding 91,326 BTC

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Business intelligence software giant MicroStrategy has bought another 262 Bitcoins at an average price of $57,146, having paid approximately $15 million for that purchase.

Now, the company holds 91,326 BTC, after buying its first Bitcoin stash back in late August of last year.

MicroStrategy Scoops Up $1 Billion Worth of Bitcoin

Previously, U.Today reported that, on Feb. 24, the company bought $1 billion worth of the flagship cryptocurrency (19,452 BTC). Another ten million USD in Bitcoin was added to the company's crypto holdings on March 5.

#Bitcoin

About the author

Yuri Molchan

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets.

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.