MicroStrategy Purchases Additional 16,130 Bitcoin (Patreon)

MicroStrategy Purchases 16,130 Bitcoin

On November 30, 2023, MicroStrategy announced that it had acquired an additional 16,130 Bitcoin (BTC) for approximately $593.3 million, bringing its total holdings to 174,530 BTC. The company has now invested a total of $5.28 billion in Bitcoin, with an average purchase price of $30,252 per BTC.

Saylor's Bullishness on Bitcoin

MicroStrategy CEO Michael Saylor is a vocal proponent of Bitcoin, and he has repeatedly expressed his belief that Bitcoin is the best way to store wealth. The recent purchase of 16,130 BTC further demonstrates Saylor's confidence in Bitcoin, and it suggests that he believes that the current price of $37,000 is a good value.

AS Sanjay says - "IF ITS GOOD ENOUGH FOR SAYLOR AT <$37000 ITS GOOD ENOUGH FOR ME"