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MicroStrategy, a business intelligence company listed on the Nasdaq, announced yesterday that it has expanded its Bitcoin (BTC) investment portfolio. MicroStrategy CEO Michael Saylor revealed that the company purchased an additional 1,914 BTC for a total of US$94.2 million in cash.
The business intelligence company now holds a total of 124,391 BTC. The company purchased the aforementioned tokens for approximately US$3.75 billion, with an average price of US$30,159 per BTC. In 2021, MicroStrategy expanded its BTC Significant portfolio.
In a recent statement, Saylor referred to Bitcoin as Digital property He also mentioned that due to its convenient infrastructure, countries around the world will accept cryptocurrencies. The CEO of MicroStrategy added that as an inflation hedging tool, BTC will outperform gold.
“MicroStrategy purchased an additional 1,914 bitcoins for approximately US$94.2 million in cash, at an average price of approximately US$49,229 per bitcoin. As of December 29, 2012, we held approximately 124,391 bitcoins for approximately US$3.75 billion The average price is about 30,159 US dollars per bitcoin.” tweet yesterday.
MicroStrategy (MSRT) stock has risen more than 30% this year. After hitting a record high of nearly $1,300 in February 2021, the MSRT has seen a correction in the past few months. Currently, the stock’s trading price is close to 560 US dollars.
Active Bitcoin address
The Bitcoin network witnessed record-breaking activity in 2021 because of the large number of addresses interacting every day. For BTC address activity, 2021 has become the strongest year so far.
“It’s very encouraging to see Bitcoin’s address activity break new ground in 2021, not just on a day-to-day basis. Its average daily address is 989,000, which is close to 1 million addresses/day. It is also the strongest year for Bitcoin address activity so far. In this regard, although 2019 is not a bad year for cryptocurrencies, it has not seen a day when BTC exceeds 1 million DAA. By 2021, 1 million is almost an average,” Santiment pointed out.
MicroStrategy, a business intelligence company listed on the Nasdaq, announced yesterday that it has expanded its Bitcoin (BTC) investment portfolio. MicroStrategy CEO Michael Saylor revealed that the company purchased an additional 1,914 BTC for a total of US$94.2 million in cash.
The business intelligence company now holds a total of 124,391 BTC. The company purchased the aforementioned tokens for approximately US$3.75 billion, with an average price of US$30,159 per BTC. In 2021, MicroStrategy expanded its BTC Significant portfolio.
In a recent statement, Saylor referred to Bitcoin as Digital property He also mentioned that due to its convenient infrastructure, countries around the world will accept cryptocurrencies. The CEO of MicroStrategy added that as an inflation hedging tool, BTC will outperform gold.
“MicroStrategy purchased an additional 1,914 bitcoins for approximately US$94.2 million in cash, at an average price of approximately US$49,229 per bitcoin. As of December 29, 2012, we held approximately 124,391 bitcoins for approximately US$3.75 billion The average price is about 30,159 US dollars per bitcoin.” tweet yesterday.
MicroStrategy (MSRT) stock has risen more than 30% this year. After hitting a record high of nearly $1,300 in February 2021, the MSRT has seen a correction in the past few months. Currently, the stock’s trading price is close to 560 US dollars.
Active Bitcoin address
The Bitcoin network witnessed record-breaking activity in 2021 because of the large number of addresses interacting every day. For BTC address activity, 2021 has become the strongest year so far.
“It’s very encouraging to see Bitcoin’s address activity break new ground in 2021, not just on a day-to-day basis. Its average daily address is 989,000, which is close to 1 million addresses/day. It is also the strongest year for Bitcoin address activity so far. In this regard, although 2019 is not a bad year for cryptocurrencies, it has not seen a day when BTC exceeds 1 million DAA. By 2021, 1 million is almost an average,” Santiment pointed out.
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