MicroStrategy buys 2,138 BTC to bring stash to 446,400
MicroStrategy has added to its Bitcoin holdings with another 2,138 BTC purchase This is the eighth consecutive week that the US-listed company has purchased Bitcoin MicroStrategy’s announcement comes a day after Michael Saylor posted the company’s BTC tracker. MicroStrategy, the world’s largest publicly-traded holder of Bitcoin (BTC), has announced purchase of the flagship digital asset. The company, whose BTC buying spree has seen it become known as a Bitcoin development company, revealed the latest purchase on Dec. 30. MicroStrategy buys BTC again In the announcement, the company disclosed its eighth consecutive week of BTC acquisition involved the scooping of 2,138 bitcoins for $209 million. The company used funds from its at-the-market share sales, which currently stands at over $6.88 billion. MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12...