This Company Bought 1,434 Bitcoins in the Last Days
Black Friday, Sinterklaas and soon Christmas. At MicroStrategy they have a nice Bitcoin during this festive period.
With a price of several tens of thousands of euros, owning a Bitcoin is easier said than done. But companies with huge capital buy them as if they were candies in the store. The American MicroStrategy is such a company and has recently struck again.
Michael Saylor, CEO at MicroStrategy, is confident Bitcoin will continue to rise. And that’s why his company has no problem getting into this still high price. In the past few days, from November 29 to December 8 to be precise, MicroStrategy has acquired a total of 1,434 Bitcoins.
The average purchase price was $57,477 per Bitcoin. In total, it cost $82.4 million to complete the purchase. In total, MicroStrategy owns a staggering 122,478 Bitcoins with an average purchase price of $29,861 per Bitcoin. Together they add up to a value of more than $611 million at the current Bitcoin price. And that number naturally rises sharply (or falls just as fast) when the price rises sharply. Will Saylor ever make it to the very richest in this world? (via Coindesk)
