MicroStrategy has acquired an additional 3,907 Bitcoin for ~$177 million

MicroStrategy has acquired an additional 3,907 Bitcoin for ~$177 million

JUST IN: MicroStrategy has acquired an additional 3,907 #Bitcoin for ~$177 million
— Blockworks (@Blockworks_) August 24, 2021

Added at 7:39am

MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash at an average price of ~$45,294 per #bitcoin. As of 8/23/21 we #hodl ~108,992 bitcoins acquired for ~$2.918 billion at an average price of ~$26,769 per bitcoin. $MSTR https://t.co/8jUlJImJbO
— Michael Saylor️ (@saylor) August 24, 2021

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TwoSense

Aug 24, 2021 8:25am

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Let's do the math.

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MicroStrategy holds 108,992 bitcoins, purchases 3907 bitcoins in Q3.

(source)

Holding $5,340,608,000 worth of bitcoin. They account for about 0.6% of bitcoin's market cap.

TwoSense

Aug 24, 2021 8:21am

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Microstrategy is literally going all in on bitcoin. I'd be interested to see what they're average entry price is. I don't think they care. The way they're buying they think it's going to the moon.

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Aug 24, 2021 7:39am
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