The Next Company Increases BTC Holdings

Bitcoin falls to $57,000 following MicroStrategy’s move to buy more Bitcoins.

This morning (December 2), Bitcoin was down 0.4% at $56,553 after a gradual recovery; currently, the price is at $57,179.72.

The price drop followed after MicroStrategy acquired 7,002 BTC, worth over $414 million.

Making the purchase brings the company’s total bitcoin holdings to 121,044 BTC, with an average Bitcoin acquisition at $59,187 per coin. The figure is far below the record high of $69,000 set in early November.

Gradually increasing its Bitcoin holdings, MicroStrategy has already made $3.57 billion worth of Bitcoin purchases. The average purchase price is $29,534 per Bitcoin.

The Spot Market is Open

Thursday, December 2, 2021

Crypto
Updated at
USD
Price

Change

%Change
12.20 BTC56,980.46-1,341.13-2.30
12.20 ETH4,547.29-181.98-3.85
12.20 LTC204.47-10.65-4.96
12.20 BNB621.02-28.19-4.35
12.20 XRP0.97-0.04-3.71
12.20 ADA1.54-0.07-4.16
12.20 DOT35.60-2.58-6.76
12.20DOGE0.21-0.01-4.28
12.20 UNI22.12+0.32+1.47
12.20 LINK24.77-2.05-7.65

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