Cryptocurrencies 21,876
Market Cap $2.93T
BTC Dominance 58.73 %

Cryptocurrencies : 21,876

Total Market Cap : $2.93T

BTC Dominance : 58.73 %

LIVE
Mkt Cap $2.93T BTC Dom 58.73 % BTC BTC $85,600.00 ▲ +0.54% ETH ETH $2,702.64 ▲ +0.34% USDT USDT $0.999858 ▼ 0.00% BNB BNB $787.24 ▲ +0.11% XRP XRP $1.50 ▼ -0.08% USDC USDC $0.999945 ▼ 0.00% SOL SOL $119.52 ▼ -1.60% TRX TRX $0.336294 ▲ +0.21% FIGR_HELOC FIGR_HELOC $1.07 ▲ +0.00% ZEC ZEC $1,328.58 ▲ +0.26% HYPE HYPE $92.45 ▲ +3.11% DOGE DOGE $0.095026 ▲ +1.15% LINK LINK $13.92 ▼ -1.74% XMR XMR $551.93 ▲ +0.45% WBT WBT $85.40 ▲ +0.81% ADA ADA $0.268718 ▲ +9.32% USDS USDS $0.999848 ▼ -0.01% RAIN RAIN $0.011689 ▼ -3.04% LEO LEO $8.95 ▼ -0.47% XLM XLM $0.215641 ▼ -0.38% NEAR NEAR $4.99 ▲ +2.87% BCH BCH $313.43 ▼ -1.43% UNI UNI $8.90 ▼ -1.49% LTC LTC $71.01 ▼ -0.67% CC CC $0.123628 ▼ -1.83% Mkt Cap $2.93T BTC Dom 58.73 % BTC BTC $85,600.00 ▲ +0.54% ETH ETH $2,702.64 ▲ +0.34% USDT USDT $0.999858 ▼ 0.00% BNB BNB $787.24 ▲ +0.11% XRP XRP $1.50 ▼ -0.08% USDC USDC $0.999945 ▼ 0.00% SOL SOL $119.52 ▼ -1.60% TRX TRX $0.336294 ▲ +0.21% FIGR_HELOC FIGR_HELOC $1.07 ▲ +0.00% ZEC ZEC $1,328.58 ▲ +0.26% HYPE HYPE $92.45 ▲ +3.11% DOGE DOGE $0.095026 ▲ +1.15% LINK LINK $13.92 ▼ -1.74% XMR XMR $551.93 ▲ +0.45% WBT WBT $85.40 ▲ +0.81% ADA ADA $0.268718 ▲ +9.32% USDS USDS $0.999848 ▼ -0.01% RAIN RAIN $0.011689 ▼ -3.04% LEO LEO $8.95 ▼ -0.47% XLM XLM $0.215641 ▼ -0.38% NEAR NEAR $4.99 ▲ +2.87% BCH BCH $313.43 ▼ -1.43% UNI UNI $8.90 ▼ -1.49% LTC LTC $71.01 ▼ -0.67% CC CC $0.123628 ▼ -1.83%
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MicroStrategy Invests More In Bitcoin During Dip

MicroStrategy has leveled up its bitcoin holdings by making an additional purchase of the asset. As per the latest announcement made by MicroStrategy, it has acquired $10 million worth of bitcoin which means they roughly paid $31,808 per coin on average.

During the bull market, the firm managed to gain profits from its earlier holdings. When BTC was just $13,000 the firm earned $100 million in two months from their Bitcoin purchases. MicroStrategy has also increased its primary treasury reserve asset in the market The CEO of MicroStrategy, Michael Saylor said “Given its gains, perhaps MicroStrategy is now taking advantage of the recent dip in prices, following Bitcoin’s correction, only to increase its holdings.” 

Currently, the firm owns 70,784 coins that are worth over $1.13 billion, in its treasury reserve. According to Bitcoin Treasuries, MicroStrategy becomes the largest holder of the asset in a list of other corporations that invested in BTC. 

At the time of writing, Bitcoin is trading at $32,318.

MicroStrategy is the first publicly-traded company to invest significant treasury assets in Bitcoin, or at least that is what the company claims.

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