Strategy (Previously Microstrategy) Bitcoin Property after 500,000 BTC after its last acquisition.
On March 24 presentation With the US Securities and Stock Exchange Committee (SEC), the company revealed the purchase of 6,911 BTC for about $ 584.1 million, or on average $ 84,529 per BTC.
The new addition reaches the overall hideout of Microstrategy to 506,137 BTC. The company has now spent about 33.7 billion dollars on Bitcoin investmentsWith an average cost of 66,608 dollars per currency. Given the current market prices, the company has an unrealized profit estimated at more than $ 10 billion.
This teacher enhances the role of Microstrategy as the largest bitcoin company holder with a wide margin. Its holdings are now about 2.55 % of 19.8 million BTC at the present time.
Moreover, the volume of exposure to Microstrategy is more clear compared to its other main owners.
The company has approximately half of the amount that all funds circulated in Bitcoin exchange in the 12th United States (ETFS), which maintains a cumulative manner of about 1.1 million BTC.
It also carries nearly half of the amount that is believed to be owned by the mysterious Bitcoin creator, Satoshi NakamotoWhich is also estimated at 1.1 million BTC.


Slip: Our book’s views are only their own and do not reflect the opinion of Cryptoslate. None of the information you read on Cryptoslat should not be considered an investment advice, and does not support Cryptoslate any project that may be mentioned or linked in this article. The purchase of cryptocurrencies and trading should be considered as a highly dangerous activity. Please do your due care before taking any action related to the content in this article. Finally, Cryptoslate does not bear any responsibility if the cryptocurrency is lost.