Bitcoin24h $97,112.62+0.48%

Ethereum24h $3,360.46-0.99%

XRP24h $2.23-0.20%

BNB24h $659.78-1.30%

Solana24h $182.96-4.00%

Dogecoin24h $0.3212+4.00%

Cardano24h $0.9050+2.82%

TRON24h $0.2445+0.26%

Avalanche24h $37.77-1.35%

Chainlink24h $22.42-0.52%

MicroStrategy’s average bitcoin purchase price exceeds $58,000

MicroStrategy’s average bitcoin acquisition price has nearly doubled this year and is currently $58,263 per bitcoin.

Michael Saylor gave Microsoft a speed run pitch of bitcoin benefits

MicroStrategy’s CEO sped through 44 bitcoin-shilling slides in three minutes while promising $5 trillion market caps and virtually zero risk.

Today is the snapshot date for MicroStrategy to qualify for the NASDAQ 100 (QQQ) index. Next, MSTR must pass an annual committee review.

Some people believe MicroStrategy’s bitcoin can’t be liquidated… but there’s no free lunch on Wall Street.

Although bitcoin and MicroStrategy (MSTR) are both up on the day, Michael Saylor’s firm is still roughly 30% below last week’s all-time high.