MicroStrategy has invested another $15 million in the main cryptocurrency on the market. This time they bought 271 BTC at an average price of $55,387.
MS CEO Michael Saylor talked about this on his Twitter account, noting that now the total supply of Bitcoins managed by the company is 91,850 BTC or $2.241 billion with an average price of $24,403 per bitcoin. If we talk about the current exchange rate of the main digital currency in the market, then MicroStrategy owns BTC worth $ 4.42 billion, according to Binance.
MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per #bitcoin. As of 5/13/2021, we #hodl ~91,850 bitcoins acquired for ~$2.241 billion at an average price of ~24,403 per bitcoin. $MSTRhttps://t.co/EwZnRkAt6k— Michael Saylor (@michael_saylor) May 13, 2021
MicroStrategy is systematically investing in the asset, continuing to increase its “cryptocurrency mass.” As part of the “dual strategy”, in the first quarter of this year alone, Saylor's company acquired 20,857 BTC worth $1.086 billion, with an average cost of one bitcoin of $52,087.
Saylor clarified that he was pleased with their plan. Earlier, he also stated that Bitcoin could replace in the future not only gold but also the world's largest stock indices, the Dow Jones and S&P 500.