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MicroStrategy scoops up 480 Bitcoin amid market slump

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As consistent as the sun rising. Business intelligence firm MicroStrategy adds to its Bitcoin holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles. (Reporting via forgeforth_)

) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles.disclosed

that it had acquired an additional 480 BTC at an average price of roughly $20,817. The total purchase amount was $10 million in cash. With the purchase, MicroStrategy now holds 129,699 BTC, making it the largest corporate holder of Bitcoin. The total value of its holdings is roughly $3.98 billion. MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per

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forgeforth_ Did they buy these on margin, or did they actually have $10M available?

forgeforth_ Bra top largest Bitcoin wallet holders have been buying BTC like crazy.. but I’m also seeing Binance dumping hard then buying back quickly with HUGE amounts of btc causing panic sells from retails🤣🤣

forgeforth_ SingMonApp Fly High X100

forgeforth_ Good luck Michael saylor, if you acquire enough bitcoin you may become a real boy one day.

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