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It appears that Michael Saylor was completely serious when he recently said that he plans on buying Bitcoin forever.
MicroStrategy just announced that they bought another 3,000 BTC, each priced at $51,813. This means they paid around $155 million for it. With this most recent move, MicroStrategy is currently the proud owner of 193,000 BTC. They’ve paid a total of $6.09 billion for it, putting their average price at $31,544 per BTC.
At current prices, their stack is worth a little less than $10 billion, netting them a return of close to 63%.What is Farcaster? Everything You Need to KnowOne Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions.
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