Post
Topic
Board Bitcoin Discussion
Re: Microstrategy bought more bitcoin
by
Ale88
on 06/04/2023, 15:12:49 UTC
I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.

https://twitter.com/saylor/status/1643586872839471105?t=L7IzW6T8ltWlRp-9pB3Oow&s=19

Quote
MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR

There is something seen about bitcoin, the future is bright.
If on one hand is nice to see that there are companies that strongly believe in bitcoin, on the other hand MicroStrategy is close to own 1% of the total bitcoin supply if we consider that a few million bitcoins are lost forever, so the actual number is way lower than 21 mln. It's somehow scary thinking that someone owns 1% of the supply, personally I don't like it.