- Microstrategy purchases an extra 229 bitcoins to increase its holdings.
- Microstrategy CEO mentions that they now hold a total of 92,079 bitcoins
- Binance CEO Changpeng Zhao replies with “Legend!”.
Not too long ago, Microstrategy bought a lot more bitcoins to increasing their holdings to a whopping amount. Now, the company struck once again.
With the firm’s iconic bitcoin purchase last year, the company has consistently made it to various news headlines. This time, the company purchased more bitcoins again 229 BTC for $10 million.
CEO of Microstrategy Michael Saylor tweeted that the firm now holds a total of 92,079 BTC. At this time, the total value for all of the company’s bitcoin holdings is over $4 billion.
MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per #bitcoin. As of 5/18/2021, we #hodl ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. $MSTRhttps://t.co/fU6LN4WbKI
— Michael Saylor (@michael_saylor) May 18, 2021
The MicroStrategy company is the largest independent publicly traded business intelligence firm. The company has been consistently buying bitcoins since 2020.
Aside from this, Michael Saylor believes that 2021 will be a good year for bitcoin. The team firmly walked the walk as Microstrategy consistently appears in the news because of the firm’s dedication to pursuing huge bitcoin purchases despite the FUD.
Binance CEO Changpeng Zhao replies to Michael Saylor’s tweet with “Legend!” showing his appreciation for the company’s support to the crypto industry.
— CZ 🔶 Binance (@cz_binance) May 18, 2021