Open Now
Open Now
Watch now

Saylor's belief in Bitcoin remains unshaken as MicroStrategy purchases another 480 BTC

Despite the bear market, MicroStrategy has added 480 BTC to its coffers, the business said on June 29.

Between May 3 and June 28, MicroStrategy purchased 480 Bitcoin (BTC). According to a Form 8-K filed with the Securities and Exchange Commission on June 29, the business intelligence firm paid almost $10 million in cash for the 480 BTC.

MicroStrategy paid an average of $20,817 for the 480 BTC, including fees and expenditures.

MicroStrategy and its subsidiaries have about $129,999 as of June 28, bought for an average price of $34,664, inclusive of fees and expenditures.

** Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of USA GAG nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

Follow us on Google News