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152,800 Bitcoins on the high side

Microstrategy has released its quarterly results.

By Finst News
• 2 min read
152,800 Bitcoins, on the high side

Microstrategy has released its quarterly results. The software vendor owns more than $4.5 billion in Bitcoin.

Microstrategy's bitcoin holdings rose to 152,800 Bitcoin, according to its new quarterly report. This is equivalent to about $4.5 billion. "The increase of 12,333 Bitcoin in the second quarter was the largest single-quarter increase since the second quarter of 2021." said Andrew Kang, chief financial officer of Microstrategy. On average, Microstrategy paid US$29,672 per Bitcoin. This is roughly in line with the current exchange rate.

0.72 percent of total stock

Total sales fell one percent year on year to US$120.4 million. Microstrategy currently owns about 0.72 percent of the total Bitcoin in circulation.

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