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MicroStrategy, a software firm, has acquired an additional 155 Bitcoin for $5.3 million, bringing its total holdings to 158,400 Bitcoin worth over $5.6 billion. The company plans to continue buying Bitcoin as part of its strategy. MicroStrategy's Bitcoin investment has resulted in a gain of nearly $1 billion. The firm's Q3 financial results show a total cost of $4.69 billion for its Bitcoin holdings, with 6,067 Bitcoins acquired since the end of Q2 for $167.0 million.
RECENTLY: MicroStrategy Chairman, Michael Saylor, revealed that the company purchased 155 BTC for $5.3 million in October.
Software firm @MicroStrategy purchased another 155 $BTC in October. The company said in a press release that it now has 158,400 BTC worth $4.69B. @BrandyBetz reports https://t.co/JmFAWiOnvj
.@MicroStrategy #bitcoin holdings rose to 158,400 by the end of October. That's worth more than $5B at current prices. $MSTR By @JamieCrawleyCD https://t.co/ofPwbcHX02
With a breakeven price of $29,579, MicroStrategy is up nearly 20% ($833 MILLION) on their #Bitcoin holdings Since MicroStrategy started buying #Bitcoin in Aug. 20: MSTR is up +216% #Bitcoin is up +211%. The NASDAQ is up +21% https://t.co/7dGzgeopaQ
Since the end of Q2, 2023, MicroStrategy acquired a total sum of 6,067 BTCs at $27,531 price per each https://t.co/TkfMk2NhJb
Software company @MicroStrategy has announced that it has bought another 6,067 Bitcoin for $167 million since the end of Q2 2023, bringing its holdings to 158,400 Bitcoin. https://t.co/bjjNAltYWY
NEW: Michael Saylor's MicroStrategy is now up nearly $1 BILLION on its #Bitcoin investment There is no second best 👏 https://t.co/QVz6dPHO5l
#Bitcoin is apparently still a thing...and it's back above $35,000... https://t.co/kEdtdvhF1V @cnbc
Microstrategy Expands #Bitcoin Trove With 155 BTC Purchase, Total Holdings Now Stand at 158,400 BTC https://t.co/mCwdINxVDv
MicroStrategy Buys More Bitcoin as Q3 Loss Widens ► https://t.co/qzmCUfKJ20 https://t.co/qzmCUfKJ20
⚠️BREAKING: *BITCOIN RISES AS HIGH AS $35,900 TO REACH BEST LEVEL SINCE MAY 2022 #BTC #BITCOIN https://t.co/5SknWt7USK
ICYMI: MicroStrategy bought more bitcoin in October as asset gained value https://t.co/asQ2Uml3cl
JUST IN: #Bitcoin above $35,500 https://t.co/hDaVGQleqc
MicroStrategy Announces Third Quarter 2023 Financial Results: 158,400 bitcoin holdings at a total cost of $4.69 billion, or $29,586 per bitcoin, as of October 31, 2023. 6,067 bitcoins acquired since the end of Q2 for $167.0 million, or $27,531 per bitcoin. https://t.co/29wxkYg1pM
Software firm @MicroStrategy is now up $900 million on its Bitcoin strategy amid surging crypto prices. The firm also plans to keep buying up BTC, adding to its massive 158,400 Bitcoin stash. https://t.co/zsUHViLnC6
MicroStrategy now holds 158,400 #Bitcoin worth over $5.6 BILLION 🤯 https://t.co/DiHRtUj543
MicroStrategy bought more bitcoin in October as asset gained value https://t.co/n86OpLhwca
JUST IN: #Bitcoin hits $35,000 as MicroStrategy buys 155 more #BTC https://t.co/Ftq7LfSY4K
JUST IN: #Bitcoin hits $35,000 as MicroStrategy buys 155 more #BTC.
JUST IN: $35,000 #Bitcoin
JUST IN: MicroStrategy acquires an additional 155 #Bitcoin for $5.3 million and now holds a total of 158,400 #BTC 👀🙌 https://t.co/k0JQjyMa3v
BREAKING: MicroStrategy bought 155 more #Bitcoin for $5.3 million. https://t.co/BRmaBowXZd