The world’s largest publicly traded company by Bitcoin holdings, MicroStrategy, has released its Q3 2022 report. The company, owned by perma bull Michael Saylor, announced that it still hasn’t sold a single Bitcoin.
As Bitcoinist reported, Saylor’s company bought the dip again in September when it bought 301 BTC worth $6 million, at an average acquisition price of ~$19,860 per Bitcoin.
As of September 30, 2022, MicroStrategy’s holdings now total 130,000 Bitcoins. This amount represents 0.62% of all coins ever mined. The total cost of all purchases, net of fees and expenses, is $3.983 billion, which equates to an average purchase price of $30,639 per coin.
However, the current book value is only $1.993 billion, reflecting an accumulated impairment of $1.990 billion and an average book value per Bitcoin of approximately $15,331.
In addition, MicroStrategy reported a minimal impairment of its…
