Market sentiment may be panicky. This hasn’t stopped Michael Saylor, the CEO of MicroStrategy, from hitting again during this price dip. Indeed, Michael announced via Twitter that the company has added another 660 bitcoin for a value of 25 million dollars.
MicroStrategy has purchased an additional 660 bitcoins for ~$25.0 million in cash at an average price of ~$37,865 per #bitcoin. As of 1/31/22 we #hodl ~125,051 bitcoins acquired for ~$3.78 billion at an average price of ~$30,200 per bitcoin. $MSTRhttps://t.co/bF6VImC0Qy
— Michael Saylor⚡️ (@saylor) February 1, 2022
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MicroStrategy now has 125,051 bitcoin on its balance sheet, which have been purchased for an average price of ~$30,200. It’s not the first time MicroStrategy has bought in extra during a dip.
The timing is also nice. Today February 1, 2022, Michael Saylor has an online conference planned: Bitcoin for Corporations . During this free online meeting, business leaders can learn how best to put bitcoin on their company’s balance sheet.
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In a few minutes (12 PM ET) I will be live with @jack to discuss Bitcoin Strategy at our #Bitcoin for Corporations conference. Join the livestream below.https://t.co/Fdw5A5mUlk
— Michael Saylor⚡️ (@saylor) February 1, 2022