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MicroStrategy Buys 12K More BTC, Bitcoin Tops $72K

Mary Liu

Summary: MicroStrategy announced that between February 26 and March 10, 2024, the company spent approximately $821.7 million to purchase approximately 12,000 BTC at an average purchase price of approximately $68,477 per coin (including fees and expenses). The news came as Bitcoin topped $72,000 and hit an intraday high of $72,143, setting another all-time high. As of ...

MicroStrategy announced that between February 26 and March 10, 2024, the company spent approximately $821.7 million to purchase approximately 12,000 BTC at an average purchase price of approximately $68,477 per coin (including fees and expenses).

The news came as Bitcoin topped $72,000 and hit an intraday high of $72,143, setting another all-time high.

As of March 10, 2024, MicroStrategy and its subsidiaries held a total of approximately 205,000 BTC with a total purchase price of approximately $6.91 billion, with an average purchase cost of approximately $33,706 per coin.

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