Here’s How Much Bitcoin Holds MicroStrategy After Recent Purchase

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Michael Saylor has announced how much Bitcoin MicroStrategy now owns after buying another BTC lump last month

Michael Saylor, his company owns 158,400 BTC after acquiring 155 Bitcoin in October. Now, this amount of BTC is evaluated at $5,416,676.acquired an additional 155 BTC for $5.3 million and now holds 158,400 BTC.

Major Bitcoin proponent Max Keiser has recently several times stated in his tweets that he continues to believe that Bitcoin is likely to reach $220,000 – the price level he had predicted earlier. The main reason cited by Keiser for this price surge now is the rapid increase of the US national debt. According to a tweet by Zerohedge that he referred to, the US government intends to borrow $1 trillion this and next quarter after getting a loan of $1.5 trillion in the last quarter this year.

Over the past three years, prominent financial guru and author of the book “Rich Dad, Poor Dad”, Robert Kiyosaki, also named the same reason as he expected Bitcoin to surge. This year, he also named the potential launched of a gold-backed currency by BRICS for internal trade to reduce their dependency on the USD. However, the currency has not been launched so far. Kiyosaki now expects Bitcoin to hit $500,000 by 2025 and says that $135,000 will be next stop for BTC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MicroStrategy Bitcoin Buy Strategy Might Be Impacted by ETF Approval, Here's HowBitcoin corporate holder MicroStrategy holds nearly 158,245 BTC
Source: Utoday_en - 🏆 295. / 63 Read more »

MicroStrategy’s October Bitcoin Purchase Grew Stash to 158,400 BTCCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

FOMC and MicroStrategy push Bitcoin above $35,000, but altcoins could benefit the mostBitcoin price is seemingly having a field day today as the cryptocurrency crossed a crucial threshold today with the help of positive announcements from Michael Saylor’s MicroStrategy and FOMC.
Source: FXStreetNews - 🏆 14. / 72 Read more »

MicroStrategy’s Bitcoin bag is up $900M amid BTC price surgeBusiness analytics firm MicroStrategy is now up $900 million on its Bitcoin strategy, and revealed it bought at least 6,000 BTC since the third quarter.
Source: Cointelegraph - 🏆 562. / 51 Read more »

MicroStrategy bought more bitcoin in October as asset gained valueBusiness intelligence company and bitcoin bull MicroStrategy continued to add to its digital asset war chest as prices increased.
Source: TheBlock__ - 🏆 464. / 53 Read more »

MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3Jamie Crawley is a CoinDesk news reporter based in London.
Source: CoinDesk - 🏆 291. / 63 Read more »