MicroStrategy has replenished its “crypto savings” by buying another batch of Bitcoins amid the falling rate of the main cryptocurrency on the market.
According to the official statement of the head of MicroStrategy, Michael Saylor, the company acquired another 13,005 BTC worth $489.2 million at an average price of $37,617 per Bitcoin.
After that, the overall balance of the company broke through the 100,000 BTC mark, so long-awaited for many crypto enthusiasts and MicroStrategy itself. The company now has 105,085 BTC worth about $2.741 billion in its pocket with an average price of $26,080. At the same time, the lion's share of the Bitcoin fortune of MicroStrategy 92,079 BTC lies with the subsidiary company MacroStrategy LLC.
Even without taking into account the last batch of more than 13,000 BTC, the company became the asset holder among all companies whose shares are listed on the stock exchange with such an impressive "savings" in Bitcoin equivalent.
Michael Saylor's company holds almost twice as much Bitcoin as Tesla. The latter promised to continue its “crypto acquisitions” as soon as Bitcoin miners start using at least 50% of “clean” energy.