MicrStrategy announces additional purchase of 253 Bitcoin and will continue to "hodl"

MicrStrategy announces additional purchase of 253 Bitcoin and will continue to “hodl”

Today, MicroStrategy, the business intelligence and software solution provider, announced the cash purchase of an additional 253 Bitcoin at an average price of $59,339 per coin, for a total of $15 million. With the recent purchase the company’s total Bitcoin holdings increased to 91,579 BTC with an estimated worth $5.40 billion. This is over $3 billion in profit considering the company had only spend roughly 2.226 billion to acquire these coins.
Source: igaming