According to The Daily Hodl, MicroStrategy acquired 24,869 BTC for approximately $2.01 billion at an average price of $80,985 per Bitcoin. The company, which trades on Nasdaq under ticker MSTR, now holds 843,738 BTC acquired for $63.87 billion at an average cost of $75,700 per BTC. Bitcoin is trading at $76,374 at time of writing, down over 2% in the past 24 hours.
Related News
Strategy discounted buyback: $1.5 billion convertible bonds, with “selling Bitcoin” listed as a potential financing method
Gate Daily Report (May 19): The SEC will issue a tokenized stock “innovation exemption” rule as early as this week; Echo Protocol suffers a hacker attack
Gate Daily Report (May 18): Saylor hints at buying Bitcoin; Forsage Ponzi scheme suspect extradited back to China pleads not guilty