In April 2024, MicroStrategy bought another 122 BTC for $7.8 million. This is discussed in the company's quarterly report.
In total, since the end of the fourth quarter of 2023, the company has purchased 25,250 BTC worth $1.65 billion, with an average price of $65,232 per BTC.
Doesn't sound as impressive as the top issuers of spot Bitcoin ETFs. But MicroStrategy has a much better average entry point for purchases in general. The total balance of#MicroStrategyBTC capital as of April 26 is 214,400 BTC, purchased at an average rate of $35,180. $7.54 billion was spent on purchases. Current paper returns suggest it was a good investment.
