MicroStrategy Acquires Another 7,420 Bitcoins for $458 Million, Bringing Holdings to 252,220 BTC
Business intelligence firm and corporate bitcoin holder MicroStrategy acquired 7,420 BTC, worth approximately $458.2 million at an average price of $61,750 per bitcoin between Sept. 13 and Sept. 19, according to an SEC filing on Friday.
The company currently holds 252,220 BTC, worth approximately $15.8 billion.
MicroStrategy’s total holdings were acquired at an average price of $39,266 per bitcoin, a total cost of about $9.9 billion including fees and expenses, according to the company’s founder and CEO Michael Saylor.
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