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MicroStrategy founder Michael Saylor shared the company’s Bitcoin purchase data from X address. MicroStrategy ‘s former CEO Michael Saylor, had handed over the CEO position to focus on the company’s Bitcoin strategy. Along with this, the company data from the past week was discussed
MicroStrategy purchased 9,245 Bitcoin between March 11 and March 18. The latest information shows that this purchase cost the company $35,160. MicroStrategy‘s founder Michael Saylor, announced that the company purchased 9,245 BTC valued at $623 million between March 11 and March 18.
Saylor said:
“MicroStrategy, along with revenues from convertible bonds, bought an additional 9,245 BTC at $67,382 per Bitcoin for $623.0 million. As of March 18, 2024, while the amount of BTC in MicroStrategy’s possession rose to 214,246, the average cost per Bitcoin for the company became $35,160.”