Michael Saylor can’t stop: MicroStrategy now holds 130,000 Bitcoin

Cointelegraph

Published Sep 20, 2022 09:09AM ET

Updated Sep 20, 2022 10:40AM ET

MicroStrategy now owns 0.62% of all the Bitcoin (BTC) that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company bought another 301 BTC for roughly $6 million at an average price of $19,851 per BTC.

In sum, the company is one of the planet’s largest holders of the asset, owning 130,000 BTC. Apparently, Saylor likes round numbers, buying 301 BTC to reach the 130,000 milestone.

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