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MicroStrategy Holds 1% of Total Bitcoin Supply After $600 Million Purchase

Summary by Ground News
MicroStrategy, the world's largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382. The purchase brings the firm's holdings up to 214,246 BTC, officially over 1% of all Bitcoin that will ever exist.

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Mubasher: “Microstrategy” has carried out the second multi-million-dollar purchase of the cryptocurrency “Bitcoin”, raising the company's holdings to 1% of total cryptocurrencies around the world. And I bought...

Company bought 9,245 BTCs between March 11 and 18, at an average price of US$ 67,382.

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Bloomberg broke the news in United States on Tuesday, March 19, 2024.
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