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MicroStrategy Buys The Dip For 314 BTC With $10 Million

Mary Liu

Summary: MicroStrategy announced today that it has purchased approximately 314 BTC with $10 million in cash. the average cost per coin is approximately $31,808. As of January 22, 2020, the company holds approximately 70,784 BTC. As of press time, the price of Bitcoin has bounced above $32K, according to Bitpush data. Early this week, Bitcoin declined to ...

MicroStrategy announced today that it has purchased approximately 314 BTC with $10 million in cash. the average cost per coin is approximately $31,808. As of January 22, 2020, the company holds approximately 70,784 BTC.

As of press time, the price of Bitcoin has bounced above $32K, according to Bitpush data. Early this week, Bitcoin declined to as low as around $29K. The big-name company's buying may stimulate the price to rebound further.

By Mary Liu

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