… Since his first purchase, Saylor has been an avid supporter of bitcoin, appearing on many interviews and podcasts explaining how bitcoin is the best store of value — many times better than gold. All rights reserved. This is more than twice the amount the company has spent on the purchase. The company's latest $10 million bitcoin bet takes its total holdings to about 91,065 bitcoins. The company now holds approximately 90,859 tokens total. The firm’s total Bitcoin holding value stands at around $5 billion. In October, Saylor revealed: “I personally hodl 17,732 BTC which I bought at $9,882 each on average.”. On September 14, the company announced the additional acquisition of 16,976 bitcoins. The publicly-traded business intelligence company revealed an additional $10 million bitcoin bet in a filing registered with the Securities and Exchange Commission on Friday. Let us know in the comments section below. The recent purchase pushed the company’s total Bitcoin holding above 71,000. The company's latest $10 million bitcoin bet takes its total holdings to about 91,065 bitcoins. The maneuver was part of the company’s larger strategy to sure up reserves via a pivot towards other asset classes rather than … It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Microstrategy also informed the U.S. Securities and Exchange Commission (SEC) on Friday of its new bitcoin purchase. Plus500. At the time of writing, the listed company’s BTC holdings were valued at nearly $2.4 billion. The business intelligence firm plans on expanding its Bitcoin portfolio. Thanks to today’s price increase, the value of MicroStrategy’s BTC holdings now sit at just over $3.07 … Yesterday Michael Saylor CEO of MicroStrategy announced the company purchased 271 Bitcoin (BTC) units at an average price of $55,387. Saylor was among … MicroStrategy has announced that it currently holds 91,000 Bitcoin. As of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses. 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. MicroStrategy now has a total of 71,079 BTC with a total worth of more than $2.5 billion. MicroStrategy released its much-anticipated financial results for the first quarter of 2021 after a number of bitcoin investments during the period. The company now holds about 40,824 bitcoins, worth over $780 million at the current price. Microstrategy seems be doubling down on Bitcoin after the company purchased another 16,796 BTC worth $175 million. Shares in MicroStrategy are up 64% year-to-date. The price of bitcoin hovered around $48,325 on Friday. At the present MicroStrategy's BTC holdings are worth a bit over $5 billion while the company itself is worth $6 billion. Ciphertrace Report Shows Crypto Crime Moving to Defi. A move that shocked everyone, including the most ardent Bitcoin maximalists. Twenty-four hours after the news went public, Michael Sayler, the firm’s founder, announced that MicroStrategy acquired 16,796 additional Bitcoin, bringing the total holdings … Image Credits: Shutterstock, Pixabay, Wiki Commons. And CEO Michael Saylor rocked the world just over a month later when he announced MicroStrategy … MicroStrategy filed a Form 8-k with the United States Securities and Exchange Commission regarding the 271 Bitcoin purchase on May 13, 2021. Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoins. Business intelligence firm MicroStrategy has bought another 328 Bitcoin ($15 million) at an average price of $45,710, according to a statement today. Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. Bank of Korea to Monitor Crypto Transactions Using Financial Records. MicroStrategy bought a total of $1.125 billion worth of Bitcoins over a period of time and now has a market value of $2.428 billion. The business intelligence firm is one of the largest … © 2021 Insider Inc. and finanzen.net GmbH (Imprint). MicroStrategy bought an additional 205 bitcoins at an average price of $48,888 per coin. MicroStrategy CEO, Michaely Saylor. Cryptocurrency billionaire Michael Saylor's MicroStrategy has acquired an additional 229 Bitcoins for $10 million at an average price of $43,663. Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. MicroStrategy first announced its plunge into Bitcoin in late July when it bought 21,454 bitcoins for a total price of $250 million. MicroStrategy bought an additional 205 bitcoins at an average price of $48,888 per coin. MicroStrategy bought an additional 205 bitcoins at an average price of $48,888 per coin. In total, the firm has paid $2.186 billion for its enormous stash of … MicroStrategy/YouTube. Its recent purchase of $1.026 billion worth of BTC brings its total Bitcoin holdings to approximately 90,531 bitcoins. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized ... read more. According to the announcement, the company’s total revenues for the first quarter of 2021 were $122.9 million. “The Company continues to operate in accordance with its Treasury Reserve Policy and currently holds approximately 70,470 bitcoins,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. A month back, MicroStrategy became the first Nasdaq-listed company to buy Bitcoin. This brings its total Bitcoin holdings to 90,859 Bitcoin, currently worth around $4.3 billion. "The bond market selloff is showing some signs of stability and that could mean the bitcoin pullback is nearing its end.". The company holds 91,579 bitcoin, making the current value of their holdings over $5 billion. MicroStrategy has boosted its investment in bitcoin again and now owns almost 100,000 tokens. So, why do investors remain excited? MicroStrategy’s Bitcoin holdings profit stands at over $1.2 billion | Nairametrics We now hold approximately 40,824 bitcoins. Bitcoin is currently trading at about $19,153, meaning the BTC held in Microstrategy’s treasury is worth over $780 million. Software maker reported acquiring an additional 328 Bitcoins. MicroStrategy has no debt, apart from its previous $650 million convertible bond note. MicroStrategy released its financial results for the first quarter of 2021. if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } }); This is the third big bitcoin purchase from Microstrategy. MicroStrategy announced it has bought just over $1 billion worth of bitcoin. The company’s CEO, Michael Saylor, tweeted this morning that his company had bought approximately 253 BTC, bringing its total holdings to about 91,579 BTC. The company's bitcoin holdings are valued at about $4.38 billion, according to a Reuters calculation. Bitcoin tumbles as low as $30,000 amid a broad crypto sell-off after China signals a crackdown », Pinterest's CEO is pledging to add more diversity within the company, including people of color and women in its c-suite ». Its price has fallen 8% in the past week, alongside rises in bond yields, but is still up 70% year-to-date. Michael Saylor, the Chairman & CEO of MicroStrategy Inc (NASDAQ: MSTR), yesterday announced the company purchased 271 Bitcoin (BTC) units at an average price of … This has significantly increased the total size of MicroStrategy's bitcoin holdings up to 38,250 bitcoin – worth roughly $416 million at current prices. Disclaimer | At the current BTC price of $58,665, MicroStrategy’s total Bitcoin holdings are worth nearly $5.4 billion. Microstrategy’s Bitcoin Investments. Bitcoin Will Hit $100,000 by End of Year: Novogratz. The latest purchase has raised the American business intelligence company's total Bitcoin holding to 92,079 Bitcoins that were acquired for $2.25 billion. South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. So there is $1 billion in value that is unaccounted for. CEO Michael Saylor tweeted Friday: Microstrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. MicroStrategy Increases Bitcoin Holdings to $425 Million. Microstrategy’s Total Bitcoin Holdings Worth $425 Million Tweeting on Tuesday (September 15, 2020) the company’s CEO Michael Saylor announced the addition of 16,796 BTC to its stash. The total value of its bitcoin holding at the time of writing would equate to $4.4 billion. The company’s bitcoin holdings are valued at about $4.38 billion, according to a Reuters calculation. Compared to the first quarter of 2020, this is a 10.3% … MicroStrategy has once again invested $15 million in bitcoin in its latest purchase of 235 BTC, bringing the company’s total bitcoin holding to almost 100k BTC. MicroStrategy picked up another $15 million worth of bitcoin on Friday. The value of MicroStrategy’s total bitcoin holdings amounts to about $4.4 billion as of Friday. Despite holding over 90,000 BTC, MicroStrategy continues to buy in $10 million to $15 million dollar clips.Since the start of this month alone the company announced purchases of 328 BTC for $15 million on March 1, 205 BTC for $10 million on March 5 and, most recently, 362 BTC for $15 million on March 12.. Nearly $ 5.4 billion regarding the 271 bitcoin ( BTC ) units at an estimated total $... Analyst at OANDA with a total of $ 250 million of its new bitcoin on... 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