Michael Saylor, the founder of MicroStrategy, tweeted that MicroStrategy has once again purchased 12,333 bitcoins at an average price of $28,136, spending approximately $347 million. As of June 27, 2023, MicroStrategy holds a total of 152,333 bitcoins with an average purchase price of $29,668.

MicroStrategy is a U.S.-based business intelligence company that develops software and provides services for business intelligence, mobile intelligence, cloud intelligence, and enterprise performance management. The company was founded by Michael Saylor and Jonathan Schoolar in 1989.

MicroStrategy has been a strong supporter of Bitcoin and is one of the largest corporate investors in cryptocurrency.

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