Strategy's First Bitcoin Purchase Anniversary: Market Value Surges Over 78x
BlockBeats News, August 11, Strategy (formerly MicroStrategy) made its first Bitcoin purchase on August 11, 2020. At that time, Strategy spent $250 million to buy 21,454 Bitcoins, with an average price of around $11,652. This marked MicroStrategy's first move to hold Bitcoin as part of its reserve assets, becoming the first publicly traded Bitcoin treasury reserve strategy company.
On August 11, 2020, MicroStrategy had a market capitalization of about $1.436 billion. The current market capitalization of Strategy (MSTR) is $112.04 billion, representing an over 78x increase. Strategy (MSTR) currently holds 628,791 BTC, valued at $76.704 billion, with an average holding price of $73,207.87 and an unrealized gain of approximately $30.6 billion.
You may also like
Gainers
Latest Crypto News
Japan's Interest Rate Hike Signal Triggers "Bloodletting" Worries in U.S. Markets, Fed's Rate Cut Prospect May Change
Lily Liu Criticizes The New York Times for Biased Reporting on Innovation and AI
BlackRock: Tokenization is evolving at a pace comparable to the early Internet, poised for significant growth
Whale "pension-usdt.eth" yesterday saw its ETH long position fall below the average price, with a position size reaching $56 million.
Dark Pool DEX HumidiFi to Launch ICO, Leading in Trading Volume Among Solana Ecosystem DEXs
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com