According to MicroStrategy Bitcoin Holdings Chart & Purchase History, they owns 140,000 bitcoins as of April 5, 2023. The average purchase price was $29,803 per bitcoin with a total cost of $4.17 billion USD.
You can visit the link to see detailed table for their purchases in BTC purchased, amount, total bitcoin, total dollars and when they made those purchases.
However, you decide how your investment ends. If you can not hold your bitcoins, you will be more easily gotten loss rather than profit. Because you will have to sell your bitcoins even when you don't actually want to sell it but unfortunately you must do it.
To sum up, look at institutional investor activities is good as it can give you insights about their plans and possibly next trends of market. However, it is not enough can useless if you don't have good plans for yourself.
Some other sites to observe Bitcoin Treasuries
Topic: Microstrategy bought more bitcoin - page 4. (Read 477 times)
I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.
They know the worth of the coins, for which they additionally bought this large amount of bitcoins at 28K USD. On the other hand, there are some people who keep complaining about the price and always cry because they missed the lowest possible price to buy. They are forgetting the fact that bitcoins are limited in number and hence very valuable. So if they are able to buy the coins at 30k USD, then they will also be profitable if they hold them dedicatedly for an year. Moreover, this huge purchase will definitely shake the crypto market. Let’s hope Bitcoin touches 35k USD soon in the first half of April.
That's about 0.724% of the circulating supply and 0.75% of the total market cap, if my calculation is correct. this is really huge holding by them. Maybe they have a target of accumulating 1-5% of the total Bitcoin supply before they can actually see it as a huge holding.
It's really good to see firms, organizations, and investors buying and stocking up on bitcoin without the plan to sell it off any time soon.
But if they eventually decide to sell off one day, they will shake the entire market for some time because this kind of holding can take off an entire exchange volume.
It's really good to see firms, organizations, and investors buying and stocking up on bitcoin without the plan to sell it off any time soon.
But if they eventually decide to sell off one day, they will shake the entire market for some time because this kind of holding can take off an entire exchange volume.
It is difficult to keep up with the Bitcoin purchases of Microstrategy, just last week they totaled their recent purchases to make up their total holding of 138,955 BTC. And now could not resist the urge to round up that figure to 140,000BTC.
It is also great that they are not selling any at all, but applying the business model of using their deposits as collateral to take out spendable loans that they can repay at a later time and still retain their Bitcoins holding.
This way they do not simply tie up their cash in Bitcoin but can still have money to fund their activities.
- Jay -
It is also great that they are not selling any at all, but applying the business model of using their deposits as collateral to take out spendable loans that they can repay at a later time and still retain their Bitcoins holding.
This way they do not simply tie up their cash in Bitcoin but can still have money to fund their activities.
this news impact price of bitcoin ? if yes, then may be they transfer coins from other wallet to pump bitcoin significantly and dump on high price (just a random thought but, before this tweet came out the price also risen up maybe they bought in real)
It can impact the sentiment of Bitcoin holders positively. The price change before the tweet could have been just a coincidence.- Jay -
this news impact price of bitcoin ? if yes, then may be they transfer coins from other wallet to pump bitcoin significantly and dump on high price (just a random thought but, before this tweet came out the price also risen up maybe they bought in real)
many times they tweet about new purchase of bitcoins.
it's nice they are DCA ing and now the average price of buying is ~$29000, they started accumulating in 2020 (https://buybitcoinworldwide.com/microstrategy-statistics/) and they also bought in bull run when bitcoin was very expensive. and not average price is very cheap.
that's the power of DCA,
many times they tweet about new purchase of bitcoins.
it's nice they are DCA ing and now the average price of buying is ~$29000, they started accumulating in 2020 (https://buybitcoinworldwide.com/microstrategy-statistics/) and they also bought in bull run when bitcoin was very expensive. and not average price is very cheap.
that's the power of DCA,
Micro strategy bitcoin purchase have been a constant news here in the forum and each time the company make a bitcoin purchase the always make is public and it's widely celebrated because as a big company that have been bullish on bitcoin over the years the company have accumulated thousands of Bitcoin with no records of sell or planned sell of they bitcoin Holding and this time the company have taken another step ahead because while companies are selling off their Bitcoin holding, micro strategy is busy accumulating more Bitcoin not minding what the price is.
There is no doubt that Bitcoin has a very exciting future planned for its long-term holders, and a few of them such as micro strategy and the rest of other companies or countries such as El Salvador 🇸🇻 who have accumulated alot of Bitcoin during this time will be proud of their decision shortly when they bitcoin holding will be worth x3 of the bought price.
I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.
https://twitter.com/saylor/status/1643586872839471105?t=L7IzW6T8ltWlRp-9pB3Oow&s=19
[quote
]MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR
There is something seen about Bitcoin, the future is bright.
https://twitter.com/saylor/status/1643586872839471105?t=L7IzW6T8ltWlRp-9pB3Oow&s=19
[quote
]MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR
There is something seen about Bitcoin, the future is bright.
There is no doubt that Bitcoin has a very exciting future planned for its long-term holders, and a few of them such as micro strategy and the rest of other companies or countries such as El Salvador 🇸🇻 who have accumulated alot of Bitcoin during this time will be proud of their decision shortly when they bitcoin holding will be worth x3 of the bought price.
I think this is a good news as we have this crypto enthusiast organization that continue to buy more bitcoin. Microstrategy bought more bitcoin. Its total holding is now 140000 BTC.
https://twitter.com/saylor/status/1643586872839471105?t=L7IzW6T8ltWlRp-9pB3Oow&s=19
There is something seen about bitcoin, the future is bright.
https://twitter.com/saylor/status/1643586872839471105?t=L7IzW6T8ltWlRp-9pB3Oow&s=19
Quote
MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR
There is something seen about bitcoin, the future is bright.
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