Michael Saylor, who is a Bitcoin maximalist and renews his support for the biggest crypto money on every platform, announced that MicroStrategy, the company he is the CEO of, has made a new Bitcoin purchase, together with the official website of the company.
“We paid $3.16 billion for 114 thousand 42 Bitcoins”
Explaining that the software company made an additional 5050 BTC, Saylor used the following statements from his Twitter account:
“MicroStrategy company has purchased 5050 additional Bitcoins worth approximately $242.9 million and an average of $48,099. As of September 12, 2021, we have paid about $3.16 billion for the 114 thousand 42 Bitcoins we bought, with an average of $27,713.”
MicroStrategy announced on August 24 that it had bought 3907 Bitcoins. The average Bitcoin purchase of the company increased from $ 26 thousand 769 to $ 27 thousand 713 with the last purchase.
8,957 Bitcoins were received in Q3
It is also noteworthy that the software company increased its Bitcoin purchases in the third quarter of this year. MicroStrategy, which prefers to make serious purchases especially when the price drops, bought 8957 Bitcoins in the 3rd quarter of 2021 and paid a total of 420 million dollars for purchases.
Taking since August 2020
As it is known, in line with the policy of CEO Michael Saylor, the company has been making serious Bitcoin purchases since August last year. Although Saylor has been criticized by many experts in this sense, he does not compromise on this tactic and states that Bitcoin is the real estate value of the future. Purchased Bitcoins are stored and are not loaned in any way.
The fact that the company has over 100 thousand and a very serious amount of Bitcoin allows the share values of MicroStrategy to increase with the increase in the price of the largest cryptocurrency. When the price goes down, the stock value usually goes down. The value of the company’s shares has increased by approximately 400% since last year.
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