Rewards Hub MicroStrategy has reduced its average cost basis for Bitcoin for the first time in nearly two and a half years. The company recently acquired an additional $168.4 million worth of Bitcoin, bringing its average cost basis down by $29 to $76,027, according to Arkham monitoring. The last decrease in the average cost basis occurred on September 25, 2023.
MicroStrategy Lowers Bitcoin Cost Basis with $168.4M Purchase
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.