Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC – Featured Bitcoin News

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Microstrategy is now holding approximately 132,500 bitcoin following its most recent $BTC purchases. crypto cryptocurrency

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor.Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury.

Michael Saylor, the company’s founder and executive chairman, tweeted Wednesday:. As of 12/27/22 Microstrategy holds ~132,500 bitcoin acquired for ~$4.03 billion at an average price of ~$30,397 per bitcoin.with the U.S. Securities and Exchange Commission , Microstrategy clarified that the 2,500 coins were acquired between Nov. 1 and Dec. 24 by its wholly owned subsidiary Macrostrategy.

Source: News Formal (newsformal.com)

 

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Accounting for the Bitcoin they sold for tax harvesting

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MicroStrategy Sells Portion of Bitcoin Holdings for the First TimeMicroStrategy has added more coins to its stockpile, but it sold some for the first time earlier this month
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Michael Saylor's MicroStrategy Adds Another 2,500 Bitcoin for Nearly $45MMicroStrategy has added to its bitcoin stockpile, but also sold off a small amount of its holdings as it looks to take advantage of a possible tax benefit. $MSTR Reporting by oknightcrypto OKnightCrypto The benefits are 4 all of us ! OKnightCrypto 219_eth OKnightCrypto MicroStrategy 自 2020 年开始收购加密货币以来首次出售少部分比特币 BTC Bitcoin
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MicroStrategy sold bitcoin worth $11.8 million for tax benefitsMicroStrategy sold 704 bitcoin worth $11.4 million for tax purposes but acquired 3,205 more BTC to bring their holdings to 132,500 bitcoin. and bought more back absolute trash clickbait title as usual Still on SBF's payroll with the trash title? C'mon guys. You don't think you've done enough damage to your reputation with your CEO being on the take? Get right or do everyone a favor and stop publishing trash takes like this.
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MicroStrategy says it bought 2,500 bitcoin but also sold some for tax reasonsMicroStrategy has spent more than $55 million to buy bitcoins over the past two months, the company said in a filing. It also sold $11.8 million worth of bitcoins at a loss of nearly 50% compared to its average purchase price, according to the filing. It looks like MicroStrategy has been actively investing in bitcoin, with a significant spending of over $55 million in the past two months. However, the company also reported selling some of its bitcoin holdings at a loss of almost 50%, which is quite a significant drop in value. So do what I say not what I do ? 😂😂😂 So much for a 'micro' strategy...
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MicroStrategy Adds 2500 BTC: Total Stack Now 132,251 BitcoinMicroStrategy has spent around $4.03 billion to accumulate its entire bitcoin stash over the years.
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MicroStrategy adds to Bitcoin stake despite steep lossHow has Microstrategy responded to steep losses in its Bitcoin holdings? By buying more. DCA El Salvador should also think about buying now. Intelligent move! Get excited when you see low prices! It’s a buyers market!
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