BREAKING
294d 22h ago

MicroStrategy Invests $555.8 Million in Bitcoin, Acquiring 6,556 BTC Amidst Market Shifts

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On April 21st, COINOTAG News reported a significant cryptocurrency transaction by MicroStrategy, which invested $555.8 million to procure 6,556 bitcoins at an average price of $84,785 for each coin during the period spanning April 14th to April 20th. This acquisition underscores MicroStrategy’s ongoing commitment to Bitcoin as a key asset in their portfolio. As of April 20, 2025, the company’s holdings have reached an impressive 538,200 BTC, translating to a market valuation of approximately $36.47 billion and an average purchase cost of $67,766 per bitcoin. Such strategic investments highlight the company’s enduring bullish stance on Bitcoin’s long-term potential, reflecting broader trends in the institutional adoption of cryptocurrency.

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