MicroStrategy has made headlines with its largest Bitcoin purchase to date, acquiring 55,500 BTC between Nov. 18 and 24 for $5.4 billion. The purchase, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC), was made at an average price of $97,862 per Bitcoin. This move elevates the company’s total holdings to 386,700 BTC, valued at approximately $37.6 billion.
The firm’s cumulative Bitcoin investment now totals $21.9 billion, with an average acquisition cost of $56,761 per Bitcoin. The latest acquisition was funded through a $3 billion debt offering, netting $2.97 billion, alongside $2.46 billion raised from the sale of 5.6 million shares.