The company has already been shopping for seven straight Mondays. On this occasion, the business software company revealed this Monday an expenditure of US$561 million to add new BTC to its coffers, just on the day of its debut on Nasdaq 100.
MicroStrategy debuts today as a new member of the Nasdaqbut at the same time he bought another batch of Bitcoin for its treasury for the seventh consecutive week. It was for a total expense of US$561 million.
“MicroStrategy has acquired 5,262 BTC for ~US$561 million to ~US$106,662 per bitcoin and has achieved a BTC return of 47.4% in the quarter and 73.7% so far this year,” the CEO wrote. Michael Taylor in your X account.
The company owns a total of 444,262 BTC, valued at about US$43 billion. These coins were acquired for an average total of US$27.7 billion US$62,257 per BTCwhich translates into a profit of more than US$15 billion.
Besides, MicroStrategy debuts on the prominent Nasdaq 100 stock index, meaning that now potentially thousands of global investors will have indirect exposure to Bitcoin.
Earlier, the company announced the incorporation of three new members to its board of directorsincluding Brian Brooks, who previously served as CEO of Binance.US, the US arm of cryptocurrency exchange Binance. New board members also include Jane Dietze and Gregg Winiarski.
Source: Ambito
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