$BTC MicroStrategy Company has acquired 2% of the world's Bitcoin supply.
Currently, MicroStrategy owns 461,000 BTC, which accounts for about 2% of the total Bitcoin volume. The crypto assets were purchased at an average price of about $63,610 per coin.
The funds for acquiring the new batch of Bitcoins were sourced from investors attracted during the placement of 3,012,072 company shares. As of January 20, shares worth $5.42 billion remain available for sale from the planned $21 billion to be spent on purchasing Bitcoins. At current BTC prices, the raised funds will be sufficient to acquire about 50,000 BTC.
Currently, MicroStrategy owns 461,000 BTC, which accounts for about 2% of the total Bitcoin volume. The crypto assets were purchased at an average price of about $63,610 per coin.
The funds for acquiring the new batch of Bitcoins were sourced from investors attracted during the placement of 3,012,072 company shares. As of January 20, shares worth $5.42 billion remain available for sale from the planned $21 billion to be spent on purchasing Bitcoins. At current BTC prices, the raised funds will be sufficient to acquire about 50,000 BTC.
