TL;DR
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MicroStrategy has acquired another 3,000 bitcoins, bringing its total BTC holdings to $10 billion.
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The company has $3.8 billion in unrealized profit on its bitcoin stash.
MicroStrategy Purchases 3k Bitcoins
MicroStrategy, the largest corporate owner of bitcoin (BTC), announced on Monday that it has purchased an additional 3,000 tokens for $155 million.
MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per #bitcoin. As of 2/25/24, @MicroStrategy now hodls 193,000 $BTC acquired for ~$6.09 billion at an average price of $31,544 per bitcoin. $MSTR https://t.co/micudbYf3P
— Michael Saylor⚡️ (@saylor) February 26, 2024
This latest development means that the company now holds up to 193,000 bitcoins. MicroStrategy bought the coins between Feb. 15 and Feb. 25 and the tokens were acquired at an average price of $51,813 each, according to an SEC filing.
Following this acquisition, MicroStrategy now holds 193,000 bitcoins purchased for $6.09 billion, or an average price of $31,544 each. With BTC currently trading at $51,366, MicroStrategy's unrealized profit stands at $3.8 billion.