MicroStrategy bought more than 12,000 bitcoins in Q2 2023

During the 2nd quarter, l’software publisher listed software companypurchase from 12,333 bitcoins more. Visit reserve from tokens from MicroStrategy now weighs more heavy than its own valuation.

From April 29 to June 27, 2023, MicroStrategy has made a significant Bitcoin purchase with the addition of 12,333 digital coins to its reserve. Cost of operation: approx. 347 million dollars.

According to a document published by the SEC, the firm co-founded by Michael Saylor has bought its bitcoins at an average price of 28,136 dollars and owned, as of June 27, 152 333. This is its largest transaction in this area since the end of 2021.

Earlier this month, MicroStrategy at the same time carried out a share sale which generated $333 million. The publisher’s share price climbed this year in the wake of the rising Bitcoin price.

The amount of BTC assets of the company – $4.5 billion – is now greater than its own market capitalization 4.2 billion.

Early April, MicroStrategy had announced the acquisition of 1045 BTC at an average price of $28,000.

Recently, the price of the queen of crypto-currencies broke through $30,000 following the filing for a Bitcoin spot ETF by the giant BlackRock. This Thursday morning, BTC is trading around $30,187, down 0.7% over 24 hours.

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