Veröffentlicht von Microstrategy Buys Thousands of Bitcoin
• On April 5, MicroStrategy announced the purchase of an additional 1,045 BTC taking the company’s total holdings past 140,000 BTC.
• Michael Saylor has been ultra-bullish on Bitcoin’s future ever since he started accumulating in 2020.
• Saylor said that more and more nation-states will continue to embrace Bitcoins.
Background
MicroStrategy is one of the largest corporate owners of Bitcoins and continues to add more to its kitty. After a strong 70 percent rally in the first quarter of 2023, Bitcoin (BTC) is currently consolidating at around the $28,000 level. So far till date, MicroStrategy has spent over $4.1 billion in all of the 140,000 Bitcoins it acquired.
Microstrategies Latest Purchase
On Wednesday, April 5th, MicroStrategy CEO Michael Saylor announced that the company has purchased an additional 1,045 BTC taking the company’s total holdings past 140,000 BTC for ~$29.3M at an average price of $28,016 per bitcoin. This purchase comes just a week after MicroStrategy purchased 6,455 bitcoins worth $150 million on March 27th making it a public-listed company with the largest stash of Bitcoins.
Michael Saylor Believes USD Will Be Backed By Bitcoin
Michael Saylor has been very bullish on Bitcoin’s future ever since he started accumulating in 2020 and believes that eventually the USD will be backed by Bitcoin as underlying asset to it. He also said how top regulators have already identified Bitcoin as a digital asset which further strengthens his belief that more and more nation-states will continue to embrace Bitcoins going forward.
Could BTC surge to $30K?
Interestingly enough if the current price of bitcoin jumps another 6%, then MicroStrategy would have made a profit from its average price held i.e., $29803 per coin and could potentially surge up to 30K by this week end!