MicroStrategy purchased another $1.026 billion in bitcoin Wednesday, bringing its total hoard to 90,531 BTC, worth some $4.78 billion. At this point, Saylor and MicroStrategy have demonstrated to the market that they feel the dollar price relative to bitcoin is irrelevant — they will accumulate bitcoin at any price. MicroStrategy CEO says bitcoin will one day have $100 trillion market value even as price dives Published Tue, Feb 23 2021 10:13 AM EST … MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. The enterprise software and bitcoin holder said it paid an average price of $48,888 for each bitcoin, including fees. The correlation of MSTR to NDX remains at zero but has grown by 67% to Bitcoin. Bitcoin were recently down 1.1% at $47,909, while MicroStrategy … MicroStrategy's stock value skyrockets by 200% since its investment in Bitcoin. The stake was worth $3.7 billion after bitcoin hit a high of $51,721 in Wednesday trades. MicroStrategy Acquires Additional $15 Million in Bitcoin at Average Price of $45,710 Saylor said in the tweet that MicroStrategy has spent $1.125 billion on bitcoin to date, at an average price of $15,964 per bitcoin. Bitcoin prices were down by roughly 10% this morning while MicroStrategy CEO Michael Saylor fortified his commitment to the leading cryptocurrency in a … MicroStrategy owns 70,784 bitcoin at an average price of $16,035 per bitcoin. Bitcoin Price vs. MSTR Price chart by TradingView. MicroStrategy Adds to Bitcoin Trove With Another $10M Purchase. MicroStrategy (MSTR) isn’t finished buying bitcoin. With such a massive stake, MicroStrategy stock prices have become positively correlated to the price of Bitcoin. The average price for each being $24,063 per token. On March 12, Michael Saylor, CEO of MicroStrategy, announced that the company had accumulated another 362 bitcoin, worth $15 million, adding to its huge treasury of BTC. MicroStrategy’s BTC holdings currently stand at 90,859 bitcoins, which were acquired for $2.186 billion. March 1, 2021. The Nasdaq-listed firm said it paid an average price of $59,339 per coin including fees and expenses.
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