Bitcoin

As per reports, MicroStrategy has successfully acquired 18,300 Bitcoins for a total price of $1.11 billion. Michael Saylor, the creator of the company, announced the acquisition, which further increased the company&#39;s current Bitcoin reserves.https://twitter.com/saylor/status/1834564555944481227Despite the volatility of the market, the Bitcoin approach employed by the company has resulted in a return of 4.4% month-to-date and 17.0% year-to-date. Compared to the total average of the corporation, which is $38,585, the average cost of a Bitcoin is currently $60,408 per BTC.MicroStrategy has a long-term belief in the growing potential of Bitcoin, as seen by the fact that they hold 244,800 <a href="https://optimisus.com/news/crypto-news/bitcoin-etfs-see-1-2-billion-outflow-in-just-eight-days-as-bitcoins-price-drops-over-18/" rel="noopener noreferrer nofollow">Bitcoins</a> as of September 12, 2024, which are valued at about $9.45 billion.The average acquisition cost for each Bitcoin is $38,585, suggesting that they have that belief.

MicroStrategy has acquired 18,300 more Bitcoin for $1.11 billion, bringing its total holdings to 244,800 BTC

Optimisus

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