Cryptocurrencies: 6452 / Markets: 40279 Market Cap: 24h Vol:
Seeking Alpha
2021-03-01 13:32:50

Microstrategy stock higher on investing additional $15M to buy more 328 bitcoins

After purchasing 19,452 bitcoin for $1.026B last week, Microstrategy (MSTR) purchased another ~328 bitcoins for $15M in cash, at an average price of ~ $45,710 per bitcoin.As of March 1, 2021, the company holds ~90,859 bitcoins purchased for a total of $2.186B or an average price of ~$24,063 per bitcoin.Shares up 7.6% premarket.Source

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer