MicroStrategy Increases Investment in Bitcoin by $1 Billion

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The company purchased 20 thousand coins during the correction period at an average rate of $52.7 thousand, said the head of the company, Michael Saylor.

According to him, the company now owns 90.5 thousand coins. It spent a total of $2.17 billion on the acquisition of BTC. This means that the average purchase price is $23.9 thousand per coin. It is noteworthy that this is more than originally expected.

The head of MicroStrategy is optimistic about the future of bitcoin and predicts a price of 500 thousand dollars per coin , and also believes that bitcoin will outshine gold. And also in the near future, such volunteerism will decrease.

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