MicroStrategy purchased $1.5 billion in bitcoins over the week
MicroStrategy Incorporated shares 379.0000$ -1.41% Forecast 258.29$
American MicroStrategy acquired $1.5 billion in bitcoins from November 25 to December 1. This is reported by Bloomberg.
According to the report submitted by MicroStrategy to the U.S. Securities and Exchange Commission (SEC), the company acquired 15,400 bitcoins last week. The average purchase price of one bitcoin was $95,976.
Over the past 3 weeks, MicroStrategy has spent $13.5 billion on purchasing bitcoins. The company currently holds 402,100 bitcoins with an average acquisition price of $58,263.
MicroStrategy's assets in bitcoins are valued at over $38 billion.$BTC