As of September 24, 2023, MicroStrategy has purchased approximately 15,8245 bitcoins for a total price of about 4.68 billion US dollars, with an average holding price of 29,582 US dollars.

Bitcoin.com has revealed the latest data from bitcointreasuries, which shows that Block.One still holds more BTC than MicroStrategy. It is reported that MicroStrategy currently holds 158,245 BTC, while Block.one, the company behind the development of the EOS network, holds 164,000 BTC.

MicroStrategy purchased approximately 54,450 bitcoins for around $147.3 million between August 1, 2023 and September 24, 2023. As per the company's purchase documents, as of September 24, 2023, MicroStrategy holds approximately 158,245 bitcoins with a total purchase price of around $4.68 billion. In the midst of a volatile market, the profitability of MicroStrategy's bitcoin holdings has improved. With an average total purchase price of $29,582 per bitcoin, the company has currently realized a total profit of around $67.4 million with bitcoin trading at $30,000.

According to the rise in the price of Bitcoin, MicroStrategy is once again profitable on its $4.68 billion Bitcoin investment; its average purchase price of Bitcoin is $29,582, and if calculated at the price of $29,913 at the time of publication, the profit per coin is $331. MicroStrategy holds 158,245 Bitcoins, with a total profit of $52.38 million. In addition, MicroStrategy's stock price closed at $348 on Friday this week. Previously, on September 25th, MicroStrategy purchased 5,445 Bitcoins for approximately $147.3 million, with an average price of 27,053 USDT; as of September 24th, it held a total of 158,245 Bitcoins, with an average holding price of 29,582 USDT, worth over $4.68 billion.

MicroStrategy has reached its break-even point for holding BTC at $29,574 and is now officially profitable. Since MicroStrategy started buying Bitcoin, MSTR has risen by 154%, Bitcoin has risen by 152%, and the Nasdaq index has risen by 22%. The current market price for BTC is $29,547, and it briefly surpassed the $30,000 mark yesterday.

Adam Cochran, a partner of CEHV and a well-known figure in the cryptocurrency field, recently analyzed the unstable financial situation of MicroStrategy, a company led by Michael Saylor that is known for holding a large amount of Bitcoin. Cochran outlined the company's obligations regarding convertible notes in 2025 and 2028 in a series of tweets on October 9, 2023.

Lookonchain has monitored that MicroStrategy has again purchased 5,445 BTC at an average price of $27,053 between August 1 and September 24. Currently, they hold 158,245 BTC with an average purchase price of $29,582.

Financial Accounting Standards Board (FASB) in the United States has approved new rules allowing companies to report their cryptocurrency holdings at fair value. Michael Saylor, the founder and former CEO of MicroStrategy (MSTR), tweeted that this development "removes the primary barrier for corporations adopting BTC as a treasury reserve asset." <br>

According to a report by CoinGecko, MicroStrategy purchased 46% of its Bitcoin assets in 2020. In the third and fourth quarters of 2020, MicroStrategy purchased 38,250 (average price of $11,151) and 32,220 BTC, respectively. As of August 17th, these BTC holdings represent 46.12% of MicroStrategy's Bitcoin assets.

Michael Saylor, the executive chairman and co-founder of MicroStrategy, has shared a statistic on BTC price, revealing that Bitcoin is currently trading below its 200 Week Moving Average. This is a rare occurrence and is typically associated with a bullish wave, indicating that the cryptocurrency is trading at a buy zone with potential for upside. Saylor's technical analysis is unusual, as he typically speaks on the potential of the cryptocurrency.