MicroStrategy buys $347M worth of Bitcoin amid market thaw By Cointelegraph
[ad_1]
© Reuters.
On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 (BTC), worth $347 million at the time of publication. After the transaction, the total balance of BTC owned by MicroStrategy increased to 152,333 ($4.52 billion), with an average purchase price of $29,668 apiece.
The total average purchase price is close to the $28,136 purchase price disclosed in the day’s announcements. The coins were bought between April 27 and June 27. The purchase was partly financed with the issuance of new stock, as the company wrote:
Continue Reading on Coin Telegraph
[ad_2]
Source link
© Reuters.
On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 (BTC), worth $347 million at the time of publication. After the transaction, the total balance of BTC owned by MicroStrategy increased to 152,333 ($4.52 billion), with an average purchase price of $29,668 apiece.
The total average purchase price is close to the $28,136 purchase price disclosed in the day’s announcements. The coins were bought between April 27 and June 27. The purchase was partly financed with the issuance of new stock, as the company wrote:
Continue Reading on Coin Telegraph
About The Author
