Strategy's Latest Bitcoin Buy Is Worth Over $1.3 Billion: Details
The firm's stash is close to 570,000 BTC now.
cryptopotato.com
TL;DR: Michael Saylor’s MicroStrategy just plunked down $1.34 billion for 13,390 BTC at about $99,856 each, pushing its total hoard to roughly 568,840 BTC. Having paid an average of ~$69,287 per coin (a ~$39.4 billion outlay), the stash is now worth north of $59 billion—bagging nearly $20 billion in unrealized gains.
Last week’s buy was a modest $180 million for 1,895 BTC, but this latest move shows MicroStrategy’s back in the billion-dollar accumulation game. And the fun isn’t just on-chain—MSTR shares have jumped over 33% in the past month, closing at $416.
Top comments (0)