Just-In: MicroStrategy Buys 6455 Bitcoin, Binance CEO Reacts

Bitcoin News: MacroStrategy LLC in its latest U.S. Securities and Exchange Commission (SEC) filings declared that it has made an addition to its Bitcoin holding. However, this accumulation came in when three U.S. based crypto friendly banks collapsed within a week.

MicroStrategy Raises Bet On Bitcoin

As per the filings, MicroStrategy during the period between February 16, 2023 and March 23, 2023 bought 6,455 Bitcoins. This accumulation came in for approx $150 million in cash. The purchase was made at an average price of $23,238 per Bitcoin.

It added that as of March 23, 2023 MicroStrategy is holding approx 138,955 Bitcoind (worth $4.14 billion). However, the average purchase price of BTC acquired by the firm comes down to $29,817 per Bitcoin. Read More Bitcoin News Here…