MicroStrategy procures additional $191M in Bitcoin
Business Intelligence firm MicroStrategy has revealed its Bitcoin purchase for the months of February and March, and it did not disappoint. The company announced in a regulatory filing Tuesday that it has procured another $190.5 million worth of Bitcoin through its subsidiary MacroStrategy.
In total, the Nasdaq-listed firm acquired 4,167 BTC at an average price of $45,714 per bitcoin between February 15, 2022, and April 4, 2022. With the latest purchase, MicroStrategy now holds 129,218 bitcoins, acquired at an “aggregate purchase price of approximately $3.97 billion and an average purchase price of approximately $30,700 per bitcoin.”
At the time of writing, MicroStrategy’s total Bitcoin holding is equivalent to about $5.9 billion, given the currency’s current price levels of $45,827. The company last revealed its holding in February when it purchased $25 million worth of Bitcoin.
Funding for the latest purchase likely came from Silvergate Bank, which recently provided a loan of $205 million to MacroStrategy. MacroStrategy obtained the funds by collateralizing $820 million worth of bitcoin for the interest-only term loan. At the time, the company said it will use the loan to accumulate more bitcoins.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 91.2% | 13 | $62 826.17 | 2.79% | -1.17% | $1 237 531 281 637 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 83.2% | 20 | $2 964.11 | 1.22% | -4.30% | $356 028 466 699 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $0.999771 | 0.01% | -0.02% | $110 814 620 625 |  |
|
| 4 |  BNB |
Binance Coin predictions | 90.4% | 15 | $594.14 | 0.12% | 1.47% | $87 686 606 138 |  |
|
| 5 |  SOL |
Solana predictions | 82.8% | 29 | $145.87 | 0.40% | -3.21% | $65 426 322 453 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 1 | $1.000167 | 0.01% | 0.02% | $33 146 210 329 |  |
|
| 7 |  XRP |
XRP predictions | 89.6% | 14 | $0.506857 | 0.45% | -3.91% | $28 059 188 212 |  |
|
| 8 |  TON |
Toncoin predictions | 72% | 54 | $7.24 | 2.73% | 23.27% | $25 169 184 072 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 78% | 34 | $0.144781 | 1.51% | -8.37% | $20 887 919 401 |  |
|
| 10 |  ADA |
Cardano predictions | 87.2% | 17 | $0.443438 | 0.67% | -2.91% | $15 816 220 559 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 75.2% | 45 | $0.000024 | 5.86% | -0.90% | $14 056 257 917 |  |
|
| 12 |  AVAX |
Avalanche predictions | 82% | 33 | $33.31 | -1.25% | -11.20% | $12 707 619 984 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 80.4% | 34 | $0.126265 | -0.06% | 6.16% | $11 045 461 424 |  |
|
| 14 |  TRX |
TRON predictions | 78.4% | 34 | $0.126176 | -0.29% | 6.31% | $11 037 741 223 |  |
|
| 15 |  STETH |
Lido stETH predictions | 95.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
