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Microstrategy, had invested a total of 5.314 billion dollars, the current value of the Bitcoins it now holds is increasing every day.
MicroStrategy, clearly expressed its belief in Bitcoin, announcing how many Bitcoins it bought in total in 2020 and 2021. This investment strategy of the company attracted attention in both financial markets and the world of cryptocurrency.
MicroStrategy, at the end of 2020 bought a total of 16,130 BTC for an extra 593.3 million dollars at an average price of 36,785 dollars per bitcoin. This purchase of the company was part of its strategy to increase its Bitcoin assets.
According to a post by Michael Saylor, as of November 29, 2023, MicroStrategy holds 174,530 BTC that it bought for a total of 5.28 billion dollars at an average price of 30,252 dollars per Bitcoin. This means that the company has significantly expanded its cryptocurrency portfolio.
MicroStrategy’s Bitcoin investments play a significant role in terms of both the company and the general dynamics of the cryptocurrency world. Following MicroStrategy’s future steps and their effects in the cryptocurrency world can be quite important for investors.