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Mon, Apr 5, 2021 3:22 PM by Coinfomania

MicroStrategy Buys Another 253 Bitcoin (BTC), Edges Closer To Owning 100K BTC

Business intelligence company MicroStrategy has announced that it has increased its bitcoin (BTC) holdings. The firm said it purchased 253 BTC valued at $15 million, including other expenses. Each coin was acquired at an average price of $59,339.  Based on the latest development, MicroStrategy currently holds a total of 91,579 BTC in custody, which were acquired at an aggregate price of $2.226 billion.  Despite advice issued by regulators to the public to shun bitcoin due to its high volatility nature, MicroStrategy has been resilient in the asset’s acquisition spree.  The move is part of MicroStrategy’s effort to convert its excess

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