MicroStrategy announced the purchase of bitcoins for almost another $ 500 million

in #news4 years ago

MicroStrategy remains the largest cryptocurrency holder among public companies. She owns 105 thousand bitcoins, the average purchase price is $ 26 thousand.
MicroStrategy announced a $ 489 million investment in Bitcoin. The company purchased 13 thousand coins at an average rate of $ 37.6 thousand. Currently, the software manufacturer owns 105 thousand bitcoins and remains the largest holder of cryptocurrency among public companies.
On June 14, MicroStrategy announced that it had completed a $ 500 million bond placement. These funds were raised to buy cryptocurrency.

The company also announced that it could sell its own shares worth up to $ 1 billion for additional investments in cryptocurrency. MicroStrategy filed a corresponding application with the US Securities and Exchange Commission (SEC).

On June 21, the bitcoin rate fell to a local minimum of $ 31.7 thousand. As of 15:50 Moscow time, the first cryptocurrency is traded at $ 32.3 thousand, over the past day it has fallen in price by 4%.

  • "The growth cycle is complete." What to expect from cryptocurrencies next week

  • Strategist BCA Research predicted the disappearance of Bitcoin

  • A large Chinese bank has banned clients from cryptocurrency transactions

Coin Marketplace

STEEM 0.23
TRX 0.24
JST 0.038
BTC 95361.20
ETH 3282.78
USDT 1.00
SBD 3.29