MicroStrategy Buys an Additional 11,931 Bitcoin

Jun 20, 2024

MicroStrategy (MSTR) has announced an acquisition of an additional 11,931 bitcoin for a total of 226,331 bitcoin.

MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin. As of 6/20/24, $MSTR hodls 226,331 $BTC acquired for ~$8.33B at average price of $36,798 per bitcoin.https://t.co/jE9dGqqnON

— Michael Saylor⚡️ (@saylor) June 20, 2024

MicroStrategy’s total bitcoin holdings are now worth $14,711,515,000 with bitcoin at $65,000. MicroStrategy now holds 1.078% of the total supply of Bitcoin. Bitcoin’s price experienced a temporary pump to $66,455 before quickly dropping below $65,000.

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