Microstrategy purchased the largest batch of bitcoins from 2021 of the year – Bits Media

The American company Microstrategy reported, what kind of second quarter of this year I bought 12 333 bitcoins in the amount $347 million. This is the largest quarterly purchase of BTC for the last 2 of the year.

The average cost of purchased bitcoins was $28 136 for a coin. On 31 July on wallets Microstrategy was stored 152 800 BTC for the amount $4,53 billion. Representatives of the company emphasized, that bitcoin, As well as MSTR shares, Many different stock indices and assets significantly exceed in terms of profitability. So, Microstrategy shares has grown on 254% Since August 2020 of the year, When the company started purchasing bitcoins. The course of the first cryptocurrency has grown on 145% from the same moment.

«Purchase 12 333 bitcoins became the largest quarterly purchase with 2 neighborhood 2021 of the year. We effectively attracted capital and used income from our activities to increase the volume of bitcoins on our balance sheet. ", - emphasized the financial director of Microstrategy Andrew Kang (Andrew Kang).

The company also reported plans to sell its own shares in the amount $750 million. Some of the received funds may go to additional purchases of bitcoins. To make this transaction, Microstrategy secured the support of Cowen, Canaccord Genuity и Berenberg Capital.

Earlier, the founder of Microstrategy Michael Seilor said, that the economy of Argentina can recover only thanks to cryptocurrencies, In particular, bitcoin.