MicroStrategy reported that last week the company did not purchase any additional bitcoins. This was due to the lack of stock offerings to raise capital, resulting in a halt to their streak of consecutive bitcoin purchases spanning 12 weeks.
The total amount of bitcoins held by MicroStrategy, known as HODL, stands at 471,107 BTC with an average cost of $30.4 billion, equating to an average price of $64,511 per BTC.
Source: Michael Saylor via Bloomberg
TLDR: MicroStrategy did not buy more bitcoins last week due to lack of stock offerings. They currently hold 471,107 BTC with an average cost of $30.4 billion.
Leave a Comment