What was the purchase price of Bitcoin by MicroStrategy?
Amarnath RoutDec 18, 2021 · 3 years ago3 answers
Can you provide information on the purchase price of Bitcoin by MicroStrategy? I'm interested in knowing how much they paid for their Bitcoin holdings.
3 answers
- Dec 18, 2021 · 3 years agoMicroStrategy purchased Bitcoin at an average price of $19,427 per coin. This was a strategic move by the company to diversify their treasury holdings and hedge against inflation. With the current price of Bitcoin, their investment has seen significant growth.
- Dec 18, 2021 · 3 years agoThe purchase price of Bitcoin by MicroStrategy was around $19,427 per coin. This shows their confidence in the long-term potential of Bitcoin as a store of value. It's worth noting that the price of Bitcoin is highly volatile and can fluctuate rapidly.
- Dec 18, 2021 · 3 years agoAccording to reports, MicroStrategy bought Bitcoin at an average price of $19,427 per coin. This investment has proven to be a smart move, as Bitcoin's price has surged since then. It's a testament to the company's forward-thinking approach in embracing digital assets.
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