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hiBitcoin: MicroStrategy buys another 1,045 BTC
Michael Saylor's company buys another 1,045 bitcoins. MSTR's portfolio reaches 140,000.
According to Michael Saylor's official account, MicroStrategy purchased another 1,045 bitcoins. This purchase was credited yesterday at an average price of $28,016. MicroStrategy thus confirmed its dominant return to the bitcoin market after a relatively long hiatus just over a week ago.
After this purchase, MicroStrategy's total number of bitcoin holdings has grown to 140,000, making it the richest USD BTC wallet after Grayscale Trust, but its ownership was distributed among the trust's own shares. It's unclear whether this purchase is part of an organic plan to increase bitcoin positions and ownership.
It is unclear whether MicroStrategy will make any other short-term purchases. In addition to bitcoin accumulation, MicroStrategy is said to be preparing to offer a number of services at the corporate and commercial level, centered around lightning and other types of access to the infrastructure provided by bitcoin.
Important Notice: The material provided is for informational purposes only and does not constitute investment advice. The Rao Cash editorial team is not responsible for your financial decisions. Cryptocurrency assets involve high risks — conduct your own research (DYOR).
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