News View Non-AMP

MicroStrategy Buys 14,620 BTC at an Average Price of $42,110 Per Bitcoin

Published by
Qadir AK

MicroStrategy has made a significant move in the cryptocurrency market by acquiring 14,620 bitcoins. This purchase, amounting to approximately $615.7 million, was made at an average price of $42,110 per bitcoin. With this latest acquisition, MicroStrategy’s total holdings have increased to 189,150 bitcoins, which have been acquired for an estimated total of $5.9 billion, averaging $31,168 per bitcoin. This substantial investment further solidifies MicroStrategy’s position as a major corporate holder of Bitcoin, showcasing its continued confidence and commitment to the cryptocurrency.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Cardano Price Forecast: Can ADA’s Bullish Momentum Shrug-Off Fraud Allegations Facing Charles Hoskinson?

Cardano founder Charles Hoskinson faces investigation as on-chain analysts allege major ADA fraud. ADA price…

May 20, 2025

Solana Price Prediction: Rising Network Adoption May Push SOL Price Beyond $200 By May

The Solana network has faced significant competition from other L1 chains but an impending crypto…

May 20, 2025

Top Reasons Why Bitcoin Gained Today, May 19

The historical supply shock hitting the Bitcoin market has signaled to an ultimate parabolic rally…

May 20, 2025

Jamie Dimon Says JPMorgan Clients Can Buy Bitcoin: Crypto Rebounds After Nearly $600M Rekt

The high correlation between Bitcoin and tech stocks has classified the crypto as risk-on assets…

May 20, 2025

Best Crypto ICO 2025: Nexchain Leads Along With BTC Bull Token

The competition for the best cryptocurrency presale heats up, with two projects grabbing attention: Nexchain…

May 19, 2025

Cross-Chain Is No Longer Optional — Why Interoperability Is Crypto’s Hottest Problem to Solve

The Fragmented Blockchain Landscape Is Holding Web3 Back Crypto is no longer just about Bitcoin…

May 19, 2025