Cryptocurrency Q&A
How many Bitcoins does MSTR own?
How many Bitcoins does MSTR own?
SsangyongSpiritedStrength
Fri Oct 04 2024
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7 answers
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Could you please clarify for me the current number of Bitcoins that MicroStrategy (MSTR) holds in their portfolio? I'm interested in understanding the scale of their investment in this digital asset and how it may impact their financial position. Additionally, I'm curious if there have been any recent changes or updates to their Bitcoin holdings that I should be aware of.
7 answers
EthereumLegendGuard
Sun Oct 06 2024
By leveraging its Bitcoin holdings as collateral, MicroStrategy is able to access additional funding while maintaining ownership of its digital assets. This strategy allows the company to continue expanding its operations and investments without diluting shareholder equity.
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mia_anderson_painter
Sun Oct 06 2024
The average cost per Bitcoin acquired by MSTR was $29,672, highlighting the strategic timing of the company's purchases.
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GeishaCharm
Sun Oct 06 2024
Of the total holdings, a portion of 15,731 bitcoins are being held directly by MicroStrategy's parent company. This allocation underscores the company's commitment to maintaining direct ownership of a significant portion of its digital assets.
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KimonoElegant
Sun Oct 06 2024
The remaining bitcoins are presumably held in secure wallets or through third-party exchanges, ensuring their safety and accessibility for potential transactions or liquidity needs.
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Riccardo
Sun Oct 06 2024
MicroStrategy (MSTR) has made a significant investment in the world of cryptocurrency. As of July 31, the company held a total of 152,800 bitcoins, a substantial addition to its digital asset portfolio.
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