Michael Saylor’s MicroStrategy is down more than $1.1 billion on Bitcoin in 2022 due to the unending sluggish market conditions. Despite facing drastic losses, MicroStrategy purchased 301 Bitcoins for $6 million on Monday, bringing its overall BTC holdings to 130,000. The average acquiring amount for 130,000 BTC stands at roughly $4 billion with an approximate 1 BTC price of $30,639.
“MicroStrategy has purchased an additional 301 bitcoins for $6.0 million at an average price of $19,851 per Bitcoin. As of 9/19/22 MicroStrategy holds 130,000 Bitcoins acquired for $3.98 billion at an average price of $30,639 per BTC,” he tweeted.
MicroStrategy has purchased an additional 301 bitcoins for ~$6.0 million at an average price of ~$19,851 per #bitcoin. As of 9/19/22 @MicroStrategy holds ~130,000 bitcoins acquired for ~$3.98 billion at an average price of ~$30,639 per bitcoin.https://t.co/5kYW98ij4I
— Michael Saylor⚡️ (@saylor) September 20, 2022
