Data: Since entering the Bitcoin market in 2020, MicroStrategy's Bitcoin holdings have averaged 74.3% of total assets

2023-08-28 11:50:42
Collection

ChainCatcher news, CoinGecko stated in its latest report on MicroStrategy's Bitcoin holdings that since MicroStrategy entered the Bitcoin market in 2020, its Bitcoin assets have averaged 74.3% of its total assets on the balance sheet.

MicroStrategy first purchased 21,454 Bitcoins on August 11, 2020, which accounted for 71.9% of its total assets on the balance sheet. As of August 17, 2023, MicroStrategy's Bitcoin holdings have surged to 152,800, an increase of 612.2% compared to the initial purchase amount in 2020.

MicroStrategy's financial report for the second quarter of 2023 shows that Bitcoin assets account for approximately 69.08% of total assets. Meanwhile, cash and cash equivalents held by MicroStrategy represent only 1.96% of total assets on the balance sheet.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators