Blockworks verify icon

11M
...

MicroStrategy now holds 190,000 bitcoin

MicroStrategy added 850 bitcoin to its holdings in January.

The additional bitcoin cost $37.5 million, per a post on X from founder Michael Saylor. 

In a press release, MicroStrategy announced that it acquired 31,755 bitcoin since the end of the third quarter for nearly $1.3 billion.

The company has consecutively added to its bitcoin holdings for 13 quarters. 

The average cost of bitcoin came out to $39,411. As of Feb. 5, the company has acquired a total of 190,000 bitcoin at the cost of $31,224 per bitcoin for nearly $6 billion.

Read more: MicroStrategy bought nearly $600M bitcoin in less than 1 month

“2023 was an extraordinary year for MicroStrategy as we strategically raised…

Read more on Blockworks

88.5K Reads