MicroStrategy buys $37 million worth of Bitcoin, bringing its holdings to 190,000 BTC

MicroStrategy broken up another 850 Bitcoin In January, increasing It is total BTC assets has A value of $8.1 billion.

MicroStrategy, THE the biggest publicly negotiated holder of Bitcoin (BTC), said he acquired A additional 850 BTC In January bringing It is total assets has 190,000 BTC — value $8.1 billion.

In It is T4 2023 Feb. 6 earnings call, THE business software the company chief financial officer, Andrew Kang, said he acquired 56,650 BTC all along 2023 has A average price of $33,580.

Generally, MicroStrategy job A net income of $89.1 million, compared with with A loss of $249.7 million In THE year Before. THE the company income decreases 6.1% has $124.5 million In THE even time frame, according to has A Feb. 6 earnings declaration.

MicroStrategy executive president Michael Saylor said It is 2023 performance could be assigned has investors recognize THE wider theme of A "digital transformation" of assets.

“2024 East THE year of THE birth of Bitcoin as A institutional level active class, In do, It is THE First of all new active class of THE modern era. »

"THE following 15 years will be A regulated, institutional, high growth period For Bitcoin, very different Since THE last 15 years," Saylor added.

In December 2020, MicroStrategy became THE First of all publicly negotiated business has purchase Bitcoin For capital allocation. From SO, THE the company share price has grown up A little more that 300% while technology actions such as Microsoft And Go...