$1.1 billion new Bitcoin purchase from MicroStrategy

$1.1 billion new Bitcoin purchase from MicroStrategy

MicroStrategy, which has been buying Bitcoin regularly since 2020, added 18,300 more BTCs to its holdings. A total of $1.1 billion was paid for Bitcoins. The average of purchases made between August 6 and September 12 was $60,408.

They hold $9.4 billion worth of BTC

The number of Bitcoins held by the software company also increased to 244,800. The total value of these BTCs is currently around $9.4 billion. The company’s overall purchase average was announced as $38,585.

“Hold for 4 to 7 years,” he said

Michael Saylor, the famous founder and chairman of the board of MicroStrategy, said in the last programme he attended, “The only advice I can give you is to keep Bitcoin for at least 4 to 7 years.” Saylor said that they will continue to buy Bitcoin in the long term.

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