Bitcoin Holding Costs Surge: Public Companies Average Over $81,000 Post-Trump Election

On January 14th, COINOTAG News reported on significant trends regarding Bitcoin holdings by publicly traded companies following the recent electoral cycle. According to data sourced from OKG, these entities faced an average acquisition cost of over $81,000 per Bitcoin in the two months post-election. Notably, while MicroStrategy established an average purchase price of approximately $62,691, this figure reflects a 23% reduction compared to the average holding costs reported by other firms, which stood at $81,352. This differential emphasizes the varying strategies adopted by companies in navigating their cryptocurrency investments. As the market evolves, monitoring these financial metrics becomes crucial for stakeholders aiming to optimize their cryptocurrency allocations amidst a dynamic landscape.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.