Updated:07:43 AM EST Feb 27


this is ggmania.com subsite Bitcoin Spikes Above USD 32K - TechAmok

Bitcoin Spikes Above USD 32K - [briefly]
05:12 PM EST - Jan,22 2021 - post a comment

The world's number one crypto moved up and above USD 32,000 again as US-based business intelligence company MicroStrategy revealed its relatively small USD 10m bitcoin (BTC) deal. On Friday afternoon, 14:37 UTC, bitcoin climbed from the USD 29,400 level to which it had dropped earlier in the day, and is trading at USD 32,565, after it appreciated almost 3% in the last day. It dropped 12% over the course of the past week, and went up nearly 37% in a month. This rise comes as MicroStrategy's CEO Michael Saylor announced that the company made an additional purchase of bitcoin: they bought approximately BTC 314 for USD 10m in cash in accordance with its Treasury Reserve Policy, at an average price of approximately USD 31,808 per bitcoin, said the CEO. BTC trading volume reached USD 62.77bn in the past 24 hours. He added that MicroStrategy now holds approximately BTC 70,784, which at the current price translates to the value of USD 2.3bn.

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