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March 5, 2021 04:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/TUV1I_To_Fg/microstrategy-buys-another-205-bitcoins-now-owns-91064-bitcoins
MicroStrategy Buys Another 205 Bitcoins, Now Owns 91,064 Bitcoins
Business intelligence firm MicroStrategy disclosed on Friday that it just spent $10 million in cash to buy 205 bitcoins. From a report: The enterprise software and bitcoin holder said it paid an average price of $48,888 for each bitcoin, including fees. The company said as of March 5, it holds about 91,064 bitcoins, which were acquired at total spend of $2.20 billion at an average price of about $24,119 per bitcoin. MicroStrategy's stock has soared 96.9% over the past three months through Thursday, while bitcoin prices have rocketed 156.4% and the S&P 500 has gained 1.9%.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/TUV1I_To_Fg/microstrategy-buys-another-205-bitcoins-now-owns-91064-bitcoins
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