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MicroStrategy Now Owns 105,085 BTC After Buying On Dips With $489 Million
Summary: Earlier this day, The relevant departments of the People's Bank of China pointed out that virtual currency trading activities disrupt the normal economic and financial order, breed the risks of illegal cross-border transfer of assets, money laundering, and other illegal and criminal activities, and seriously infringe the people's property safety. China's state-owned banks announced that ...
Earlier this day, The relevant departments of the People's Bank of China pointed out that virtual currency trading activities disrupt the normal economic and financial order, breed the risks of illegal cross-border transfer of assets, money laundering, and other illegal and criminal activities, and seriously infringe the people's property safety. China's state-owned banks announced that they would crack down on virtual currency transactions.
The crypto market further panicked and fell. Bitcoin once fell by $32,000.
According to an official announcement by the US-listed commercial software company MicroStrategy on Monday, the company spent $489 million in cash to purchase about 13,005 BTC, and the average price was about $37,617 per coin.
As of June 21, 2021, the company owned a total of approximately 105,085 BTC, with an average price of approximately $26,080 and a total expenditure of approximately $2.741 billion.
By Mary Liu
Tags: Bitcoin,MicroStrategy,Peoples Bank Of China
Link: MicroStrategy Now Owns 105,085 BTC After Buying On Dips With $489 Million [Copy]
