MicroStrategy Invests $15 Mln's In Bitcoin Again.

MicroStrategy Invests $15 Mln's In Bitcoin Again.

2021-03-01 | Robin Williams

MicroStrategy Invests $15 Mln's In Bitcoin Again.

MicroStrategy is still isn’t done with purchasing Bitcoin [BTC, +12.08%], although its latest purchase is significantly smaller than usual. The business intelligence firm revealed its recent purchase of an additional 328 BTC for $15 Mln in cash earlier today on Monday. The business intelligence firm's latest investment comes this week after it spent over $1 Bln on Bitcoin. To date, MicroStrategy holds 90,859 BTC with a mean price of $24,063 USD. At the reporting time, that net total is worth around $4.38 Bln on the market. CEO Michael Saylor tweeted the holdings had been bought for around $2.186 Bln, meaning the firm is already sitting on a roughly $2 Bln profit margin.

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