Software developer MicroStrategy said it bought 27.2 thousand bitcoins worth $2.03 billion as the cryptocurrency hit a new all-time high. A message about this was posted on the company’s website.
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According to him, MicroStrategy bought the next batch of bitcoins between October 31 and November 10, spending an average of $74.46 thousand per token, including commissions. After this, the amount of this cryptocurrency in the developer’s account reached 279.42 thousand. The value of the company’s bitcoins, according to trading data at 18:57 Moscow time, is almost $23.5 billion.
MicroStrategy is the largest holder of bitcoins among public companies, according to data from the CoinGecko portal. Below are cryptocurrency companies Marathon Digital Holdings (26.84 thousand tokens), Galaxy Digital Holdings (15.44 thousand), Elon Musk’s Tesla (11.5 thousand) and Coinbase (9.2 thousand), owner of the crypto platform of the same name.
Previously, on November 11, the price of Bitcoin reached a new all-time high, exceeding $84 thousand. The cryptocurrency has been actively growing since the day of the US presidential elections, in which Republican Donald Trump won. He promised to make the country “the crypto capital of the planet and the world’s bitcoin superpower,” as well as create a “strategic national bitcoin reserve.”
In mid-September, Standard Chartered analyst Jeff Kendrick predicted that Bitcoin could jump to $125,000 by the end of 2024 if Trump wins.
Author:
Bogdan Muzychenko
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
