MicroStrategy invested an additional $50 million in Bitcoin at a price of more than $19 000

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The supplier of analytical software MicroStrategy invested in Bitcoin, said the head of the company Michael Saylor.
MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824


The supplier of analytical software MicroStrategy invested in Bitcoin, said the head of the company Michael Saylor.
MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824— Michael Saylor (@michael_saylor) December 4, 2020
According to statements for the US Securities and Exchange Commission (SEC), the company acquired 2,574 BTC, which cost it $50 million.
MicroStrategy became the first public company to invest in Bitcoin as a reserve asset.
Saylor added that investment in Bitcoin is carried out as part of a strategy to protect surplus capital from depreciation as a result of inflation.
After the last purchase at an average price of $19 427, she owns a total of 40,824 BTC.
In general, for all three operations, each Bitcoin cost MicroStrategy an average of $11 635. At the current rate, the value of MicroStrategy assets in Bitcoin is about $775 million.
In August, MicroStrategy invested 21,454 BTC (~ $250 million at the exchange rate at the time of the transaction), in September the company acquired an additional 16,796 BTC worth $175 million. Cryptocurrency Lightcoin at 01:09 (22:09 GMT) on Friday traded at a price of $80.712 according to the Investing.com index, dropping 10.07% on that day. This was the most significant drop in the value of cryptocurrency since November 26.
The fall also provoked a reduction in Lightcoin’s market capitalization to $5.371B, or 0.96% of the total capitalization of all cryptocurrencies. While earlier at its peaks, Lightcoin’s capitalization was $14.099B.
Over the past 24 hours, Lightcoin has traded between $80.625 and $89.806.
Over the past 7 days, Lightcoin’s cryptocurrency has felt an increase in the rate within gained-pct. The volume of Lightcoin currency traded in the last 24 hours before the publication of this material was $5.185B or 3.63% of the total volume of all cryptocurrencies. The rate ranged from $68.3102 to $92.8808 in the last 7 days.
At the moment, Lightcoin is still below 80.78% of its peak values ​ ​ of $420.00, which were reached on December 12, 2017.
Meanwhile, other cryptocurrencies
Bitcoin cryptocurrency last traded at $18.788.7, according to the Investing.com index, falling 3.69% during the day.
Etherium traded $577.51, according to the Investing.com index, a drop from 6.78%.
Bitcoin’s market capitalization is $349.340B or 62.75% of the entire cryptocurrency capitalization, while Etherium’s market capitalization is $66.028B or 11.86% of the total cryptocurrency capitalization.

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