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MicroStrategy buys an additional 660 bitcoins for $25 million
Binance
2022-02-01 14:58
Business intelligence firm MicroStrategy has bought an additional 660 bitcoins, its CEO Michael Saylor announced on Twitter on Tuesday.
The purchase was made for $25 million in cash at an average price of ~$37,865 per bitcoin, Saylor said.
As of January 31st, 2022, the company held ~125,051 bitcoins, acquired for ~$3.78 billion at an average price of ~$30,200 per bitcoin, Saylor added.
The purchase comes only a week after MicroStrategy's CFO, Phong Le, said the company would continue to buy and hold Bitcoin on its balance sheet.
Source: Twitter
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