Still more Bitcoin: MicroStrategy is (still) stocking up on BTC


Balance sheet – MicroStrategy has acquired bitcoin (BTC) additional to complete this year. Although the company also made its first sale, the company continues to hold a significant hoard in Bitcoin.

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Additional bitcoins in MicroStrategy wallets

According to a Dec. 28 filing with the SEC, MicroStrategy purchased 2,395 BTC at an average unit price of $17,181, for a total of $42.8 million, between November 1 and December 21. The company therefore continues to accumulate Bitcoin in the current context, but it has also sold some recently.

On December 22, MicroStrategy separated from 704 BTC, at a unit price of $16,776. Total sales amounted to $11.8 million. But the last bitcoin transaction the company made was on December 24. MicroStrategy has acquired approximately 810 BTC, at an average unit price of $16,845. The total amount of the operation amounts to 13.6 million dollars.

As of December 27, MicroStrategy owns approximately 132,500 BTCwhich were purchased at an average unit price of $30,397, for a total of $4.03 billion.

Publication by Michael Saylor – Source: Twitter

Despite the bear markets, on the whole, MicroStrategy seems to have maintained the guideline that Michaël Saylor had announced, during an interview published on Bloomberg on January 20 of this year. He had claimed that the company was not just “acquiring and holding bitcoins”, but that cryptocurrency was an integral part of the ” strategy ” of the society.

At the time, Michaël Saylor indicated that: ” We are not sellers “. The December 22 sale is the first Bitcoin sale that MicroStrategy has officially made.

MicroStrategy has recorded significant theoretical losses due to bear markets. However, the company has not turned its back on Bitcoin, and even apparently considers this return of the cryptocurrency below $17,000, as a buying opportunity.

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