At the end of Q2, the in the MicroStrategy portfolio exceeded 500,000 coins. The investment in the holdings was boosted by the rise in the price of Bitcoin, which increased by approximately $82,000 to $108,000 in the first quarter ending on June 30th. During the same period, the company announced that it had increased its financing by 6.8 billion dollars through various financial instruments.
The shares of (MSTR) declined by 2.72% at the start of trading on Monday, despite the company’s strong quarterly results. At the same time, Bitcoin has been trading at a price above $108,000, with a daily increase of 2.21 percent. It was also noted that trading activity has skyrocketed, according to CoinMarketCap, with a 25 percent increase to reach a volume of $40 billion.
Also Read: