Value of MicroStrategy's Bitcoin Position Briefly Surpasses $12.2 Billion
The total value of MicroStrategy's position in Bitcoin touched a high of $12.24 billion at around 5:25 a.m. GMT on Thursday as the price of Bitcoin surpassed $60,000, according to crypto data tracker Drops Tab. It has since dropped to $11.7 billion, up 5.9 percent in the past 24 hours. Gold Finance previously reported that MicroStrategy purchased 3,000 bitcoins worth $155 million on Feb. 26, after which the company's total bitcoin holdings reached 193,000 units.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve's Jefferson: Digital assets are an important part of U.S. financial innovation
USD/JPY breaks through 155.04, reaching a new high since February
Ethena Labs proposes using reserve assets to buy back USDe when secondary market prices depeg
Trending news
MoreCrypto prices
More
