MicroStrategy Acquires Another $650 Million Worth of Bitcoin

Mon, 12/21/2020 - 13:19

Michael Saylor has just announced that his company, MicroStrategy, has just acquired another lump of Bitcoin, worth $650 million

MicroStrategy Acquires Another $650 Million Worth of Bitcoin

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As per the latest tweet by CEO Michael Saylor, his business software giant MicroStrategy has just acquired another massive lump of Bitcoin—29,646 Bitcoins worth a whopping $650 million raised recently from investors.

Ledger Wallet Data Leakage Victim Gets Blackmailed Over Their Crypto Holdings: Reddit

Now MicroStrategy holds a total of 70,470 Bitcoins acquired at an average rate of $15,964 per BTC worth $1.125 billion.

#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.