skip to Main Content
bitcoin
Bitcoin (BTC) $ 98,307.34 0.06%
ethereum
Ethereum (ETH) $ 3,438.65 1.59%
tether
Tether (USDT) $ 0.999061 0.06%
xrp
XRP (XRP) $ 2.25 2.15%
bnb
BNB (BNB) $ 705.41 0.16%
solana
Solana (SOL) $ 194.71 2.44%
dogecoin
Dogecoin (DOGE) $ 0.326241 2.19%
usd-coin
USDC (USDC) $ 1.00 0.02%
staked-ether
Lido Staked Ether (STETH) $ 3,432.53 1.59%
cardano
Cardano (ADA) $ 0.895668 3.32%

Michael Saylor’s MicroStrategy Now Holds Over $4.6B Worth of Bitcoin

Michael Saylor’s MicroStrategy (MSTR) bought 12,333 bitcoin (BTC), for $347 million in cash, between April 29 and June 27, the company said on Wednesday.

With the most recent purchase, MicroStrategy now holds 152,333 bitcoin, worth over $4.6 billion at current prices.

The company, which was founded by crypto billionaire Michael Saylor, is one of the largest HODLers of bitcoin. MicroStrategy also said it sold some $333.7 million of its shares as per a previously disclosed shares sale agreement.

In May, the firm had booked a smaller than expected write down for the first quarter on its bitcoin’s holdings.

Shares of the firm were down 1% at $321.44 during pre-market trading, mirroring bitcoin, which was down over 1% at $30,288.

UPDATE (June 28, 2023, 12: 23 UTC): Adds additional details and background.

Edited by Parikshit Mishra.

Loading data ...
Comparison
View chart compare
View table compare
Back To Top