Home ยป MicroStrategy Acquires Additional 9,245 BTC, Now Holds Over 1% of Total Bitcoin Supply

MicroStrategy Acquires Additional 9,245 BTC, Now Holds Over 1% of Total Bitcoin Supply

MicroStrategy reported an additional purchase of 9,245 BTC between March 11-18, 2024, totaling approximately $623.0 million at an average cost of $67,382 per BTC. This latest acquisition brings MicroStrategy’s total BTC holdings to 214,246 BTC, with an average cost of $35,160 per BTC, totaling approximately $7.53 billion, representing more than 1% of the total 21 million BTC in existence, of which 19.6 million BTC have already been mined.

Source: MicroStrategy and Cryptonomist

TLDR: MicroStrategy adds 9,245 BTC to its holdings, bringing the total to 214,246 BTC at an average cost of $35,160 per BTC, surpassing 1% of the total 21 million BTC in circulation.

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