Posted 2/26/2024, 1:37:00 PM
MicroStrategy Buys $155M More Bitcoin; Now Holds $10B Worth with $3.8B Unrealized Profit
- MicroStrategy purchased an additional 3,000 bitcoin for $155 million between Feb. 15-25
- The company now holds 193,000 bitcoin acquired for $6.09 billion (average $31,544 per bitcoin)
- With bitcoin at $51,366, MicroStrategy's unrealized profit stands at $3.8 billion
- The company is the largest corporate owner of bitcoin with over $10B worth
- MicroStrategy shares up 1.1% in pre-market trading after the bitcoin purchase to $695