Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC – Featured Bitcoin News

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Microstrategy is now holding approximately 132,500 bitcoin following its most recent $BTC purchases. crypto cryptocurrency

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor.Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury.

Michael Saylor, the company’s founder and executive chairman, tweeted Wednesday:. As of 12/27/22 Microstrategy holds ~132,500 bitcoin acquired for ~$4.03 billion at an average price of ~$30,397 per bitcoin.with the U.S. Securities and Exchange Commission , Microstrategy clarified that the 2,500 coins were acquired between Nov. 1 and Dec. 24 by its wholly owned subsidiary Macrostrategy.

 

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Accounting for the Bitcoin they sold for tax harvesting

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