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Bitcoin News

MicroStrategy Purchases Another 16,130 Bitcoins Worth $593.3M

Written By Jahnu Jagtap
Published November 30, 2023 3:15 PM
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MicroStrategy Purchases Another 16,130 Bitcoins Worth $593.3M

Cloud software company Microstrategy,  is back on its bitcoin spree, acquiring 16,130 Bitcoins for 593.3 million at an average price of $36,785 per bitcoin in cash.

MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per #bitcoin. As of 11/29/23, @MicroStrategy now hodls 174,530 $BTC acquired for ~$5.28 billion at an average price of $30,252 per bitcoin. $MSTR https://t.co/hSEZyzGBsr

— Michael Saylor (@saylor) November 30, 2023

As per the November 30, filling  the purchase of BTC happened during the period between November 1, 2023 and November 29, 2023.

With this MicroStrategy together with its subsidiaries now holds a total of 174,530 BTC with an average price of $30,252 per bitcoin in its treasury. The bitcoin-hoarding company owns about $5.28 billion worth of bitcoin.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)MicroStrategy
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