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 | 90.8% | 10 | $26 923.35 | -0.82% | 2.50% | $522 035 288 006 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 94% | 5 | $1 862.48 | -0.43% | 4.20% | $223 954 690 370 |  |
|
| 3 |  USDT |
Tether predictions | 95.2% | 1 | $1.000278 | -0.01% | 0.02% | $83 245 446 183 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.2% | 1 | $305.14 | -0.72% | -0.10% | $47 558 074 154 |  |
|
| 5 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000022 | 0.01% | -0.01% | $28 879 860 743 |  |
|
| 6 |  XRP |
XRP predictions | 82% | 37 | $0.507098 | 0.08% | 12.79% | $26 360 653 548 |  |
|
| 7 |  ADA |
Cardano predictions | 87.6% | 10 | $0.362754 | -3.25% | 1.24% | $12 654 193 513 |  |
|
| 8 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 86.8% | 17 | $0.071730 | 0.21% | 1.79% | $10 012 310 929 |  |
|
| 10 |  MATIC |
Polygon predictions | 80.4% | 35 | $0.896459 | 0.72% | 1.93% | $8 318 664 846 |  |
|
| 11 |  SOL |
Solana predictions | 84.8% | 29 | $20.71 | -0.04% | 6.91% | $8 214 801 167 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 78.8% | 37 | $0.074587 | -1.10% | -3.22% | $7 583 764 242 |  |
|
| 13 |  LTC |
Litecoin predictions | 78.4% | 37 | $92.66 | 3.56% | 9.62% | $6 768 793 382 |  |
|
| 14 |  TRX |
TRON predictions | 79.6% | 35 | $0.074461 | -1.55% | -3.37% | $6 718 212 308 |  |
|
| 15 |  DOT |
Polkadot predictions | 92% | 10 | $5.24 | -1.66% | -0.36% | $6 234 654 872 |  |
