MicroStrategy, a company that describes itself as a bitcoin development firm, has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC. The acquisition finished on Dec. 15 and cost $1.5 billion, with an average price of $100,386 per bitcoin. This brings the company’s total holdings to 439,000 BTC worth $45.6 billion at current market prices.
The company’s overall average purchase price is $61,725 per bitcoin. The latest acquisition purchases was funded through share sales under the company’s at-the-market (ATM) program. Before the announcement, MicroStrategy had $9.19 billion left of the ATM offering. Following the announcement, the company now has $7.65 billion left, according to the latest filing.
MicroStrategy’s share price is up 4% in pre-market trading at $425 a share.
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