MicroStrategy Buys 12,333 BTC for $350 Million at $28K Per Bitcoin
MicroStrategy – the company spearheaded by one of Bitcoin’s most vocal and influential proponents Michael Saylor – has bought some $350 million worth of BTC.
- Michael Saylor broke the news on Twitter.
MicroStrategy has acquired an additional 12,333 BTC for $347 million at an average price of $28,136 per Bitcoin. As of 06/27/2023, MicroStrategy hodls 152,333 BTC acquired for $4.52 billion at an average price of $29,668 per bitcoin.
- The company remains the world’s largest corporate owner of BTC.
The post MicroStrategy Buys 12,333 BTC for $350 Million at $28K Per Bitcoin appeared first on CryptoPotato.
Related Posts


After $750M Bitcoin Allocation, Ruffer Investment Says BTC is Early in Its Safe Haven Cycle
Amid the recent warnings issued by the UK Financial Conduct Authority on crypto scams, the giant asset manager Ruffer Investment has defended its decision to allocate about 2.5% of its portfolio in BTC. The UK-based company with over $27 billion AUM said that bitcoin’s adoption is still early as most investors are “desperate” for alternative…

Weekly Price Analysis Overview Jan.9: Bitcoin, Ethereum, Bitcoin Cash and Monero
Bitcoin This week the price had a reversal around the $3,600 support level, which was marked on our previous market update. After breaking the resistance at $3,900, there was an attempt to breach the previous resistance at $4,100 which rejected. It’s still too early to determine, but it appears that a bullish flag is being…

Kunji Finance to Launch IDO on Poolz Finance and GameFi
[PRESS RELEASE – City of Panama, Republic of Panama, September 19th, 2023] Kunji Finance, the asset management platform on Arbitrum, has announced the upcoming IDO on two prominent launchpads: Poolz Finance and GameFi. It is a decentralized platform that connects asset managers to liquidity providers. It has partnered and integrated with both spot and derivative

Giants Connect: New General-Purpose Bridge Between Polkadot and Ethereum
Polkadot is growing in popularity, and this has been thoroughly reflected in its price. In a matter of days, the project managed to occupy the 6th spot of the top 10 largest cryptocurrencies, boasting a total market cap upwards of $1.05 billion. Now, a team of developers has announced that it’s building a trustless general-purpose…

Ethernity Chain Partners with Kenetic to Continue Trailblazing NFT Ecosystem
[PRESS RELEASE – Los Angeles, California, 1st April, 2021] Ethernity Chain, the creator of unique NFTs designed by popular artists and authenticated by icons like basketball Hall of Famer Shaquille O’Neal, skateboarding legend Tony Hawk, baseball superstar Fernando Tatis Jr. and licensors like Authentic Brands Group, has partnered with Kenetic, a world-class blockchain firm committed…

Giza’s ARMA Breaks New Ground on Base with Advanced DeFi Automation
[PRESS RELEASE – Zug, Switzerland, January 29th, 2025] Web3 agent developer Giza has announced the launch of ARMA on Base network, setting a new standard for autonomous DeFi agents. ARMA, Giza’s flagship stablecoin yield optimization agent, is designed to simplify DeFi interactions, delivering sophisticated financial outcomes through autonomous decision-making and execution. Traditional DeFi tools require

Europol Hails Blockchain’s Unbeatable Independence and Security, Slams DeFi for Soaring Criminal Activity
In what’s described as a rapidly evolving landscape of financial and economic crimes threatening the internal security of the European Union, Europol has applauded the independence and protection offered by blockchain technology. Europol has also raised concerns over the rising criminal activity within decentralized finance (DeFi). Europol Warns of Rising Criminal Activity in DeFi and

BlackRock CEO Larry Fink Declares Bitcoin an Asset Class Comparable to Gold
BlackRock CEO Larry Fink said Bitcoin (BTC) is an asset class, comparing its investment potential to that of gold. In a recent earnings call, Fink emphasized that the world’s largest asset manager now views Bitcoin as an alternative to traditional commodities. Bitcoin Is an Asset Class “We believe Bitcoin is an asset class in itself.