🧵 1/ MicroStrategy increases bitcoin holdings to 205,000 BTC with recent $821.7 million purchase, surpassing BlackRock's ETF by 7,057 BTC. #crypto
🧵 1/ MicroStrategy increases bitcoin holdings to 205,000 BTC with recent $821.7 million purchase, surpassing BlackRock's ETF by 7,057 BTC. #crypto
🧵 2/ Purchase at average price of $68,477 per bitcoin from Feb. 26 to Mar. 10 funded by $781.1 million from private notes offering and $40.6 million cash.
🧵 3/ MicroStrategy's total bitcoin investment nears $7 billion, with current market value surpassing $14.7 billion as cryptocurrency hits record high.
🧵 4/ Company's average purchase price of bitcoin now stands at $33,706, reflecting the surge in bitcoin's value to $72,000 this year.
🧵 Read more at: https://www.theblock.co/post/281654/microstrategy-bitcoin-205000-btc-blackrock