MicroStrategy boosts bitcoin portfolio with additional $347m investment
MicroStrategy has announced the acquisition of an additional 12,333 bitcoins, investing roughly $347 million, thereby solidifying its position as a significant player in the crypto landscape. As per a recent Securities and Exchange Commission (SEC) filing, MicroStrategy, under the helm of Michael Saylor, has expanded its bitcoin portfolio with an additional investment of $347 million. The purchase, executed between April 29 and June 27, added 12,333 bitcoin s to the company’s digital asset inventory, bought at an average rate of approximately $28,136 per coin. MicroStrategy has acquired an additional 12,333 BTC for ~$347.0 million at an average price of $28,136 per # bitcoin . As of 6/27/23 @MicroStrategy hodls 152,333 $BTC acquired for ~$4.52 billion at an average price of $29,668 per bitcoin . $MSTR https://t.co/joHo1gEnR0 — Michael Saylor️ (@saylor) June 28, 2023 This significant purchase escalates MicroStrategy’s total holdings to 152,333 BTC. Given the cur...