MicroStrategy Now Owns 190K BTC, Moves Closer Towards Acquiring 1% of Current Bitcoin Supply
"In January, MicroStrategy acquired an additional 850 BTC for $37.2 million and now holds 190,000 BTC," announced Michael Saylor.
- “We acquired 31,755 additional bitcoins since the end of the third quarter, marking the largest quarterly bitcoin holding increase in the last 3 years and the 13th consecutive quarter of adding more bitcoin on our balance sheet," was stated in the press release.
"We benefited from the significant increase in bitcoin prices in Q4 and we also continued to leverage our strategic capital markets activities and cash on hand to accumulate more bitcoin and accrete incremental value for our shareholders. It is through our unique bitcoin strategy and solid track record that we now hold 190,000 bitcoins at an aggregate purchase price of $31,224,” said Andrew Kang, Chief Financial Officer at MicroStrategy.
