 | Their first purchase was 250 million USD worth of Bitcoin back on 11th of August 2020. Since then they have accumulated 140 thousand Bitcoins. On the day Michael Saylor's company bought first Bitcoins, Bitcoin's total mined supply was 18.46 million and on this day total mined supply stands at 19.36 million. So this means in this time period another 900 thousand Bitcoins has been created, aka mined. Meaning Microstrategy's purchase of 140k Bitcoins in this time period is equivalent to around 16% of all the Bitcoin mined since then. And that's just one company. [link] [comments] |
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