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MicroStrategy Buys 300 BTC

ByLouis Adams

Sep 21, 2022 #Bitcoin
Reading time: < 1 minute

MicroStrategy is on the list of companies that have accumulated the largest amount of Bitcoins.

According to the latest data, 130,000 BTC are under the control of the company. As former MicroStrategy CEO Michael Saylor has previously noted, his team will not abandon the accumulative strategy and will continue to buy cryptocurrency, even if it loses value.

The recent purchase was 301 BTC for a total of up to $6 million. Saylor has said via Twitter that the coins were purchased at an average price of $19,851. As a result, MicroStrategy has accumulated 130,000 Bitcoins, which is 0.62% of the total cryptocurrency supply.