Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months

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Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months
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.saylor follows through on his pledge to buy the dip, adding another 480 bitcoin to $MSTR's holdings, which now stand at 129,699 coins worth about $2.6B. SteveAlpher reports.

480 bitcoins for about $10 million – an average price of $20,817 per coin – during the period from May 3 to June 28.

The new additions bring company holdings to 129,699 bitcoins acquired for $3.98 billion, or an average cost of $30,664 each. At press time, bitcoin is changing hands at $20,100, making MSTR's stash worth approximately $2.6 billion. During bitcoin's latest leg down to the $18,000-$21,000 range, there's been a lot of talk about whether MicroStrategy may begin to face margin calls, but company CEO

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