Michael Saylor's MicroStrategy (MSTR) purchased a further 3,000 Bitcoins for about $155 million, at a mean worth of $51,813 per Bitcoin, the corporate stated in a securities submitting Monday. It was revealed.
The corporate's shares rose greater than 1.8% in premarket buying and selling.
As of February 25, 2024, MicroStrategy at the moment owns 193,000 Bitcoins acquired for about $6.09 billion, with a mean worth per Bitcoin of $31,544.
Primarily based on present costs, MSTR's Bitcoin holdings are valued at slightly below $10 billion, representing a return of practically 63%.