MicroStrategy acquires another 15,350 bitcoins for 1.5 billion dollars, raising its holdings to 439,000 BTC

The business intelligence firm and corporate bitcoin holder MicroStrategy acquired an additional 15,350 BTC shares for approximately 1.5 billion dollars at an average price of 100,386 dollars per bitcoin between December 9 and 15, according to an 8-K filing report with the Securities and Exchange Commission on Monday.

This comes after the sale of another 3,884,712 shares of MicroStrategy during the same period for the same amount. As of December 15, the company said that approximately 7.65 billion dollars in shares remained available for sale as part of its planned 21 billion dollar stock offering and 21 billion dollars in fixed-income securities, aiming to raise a total of 42 billion dollars for new bitcoin acquisitions.

The company currently holds 439,000 BTC, worth over 45 billion dollars. MicroStrategy's total holdings were acquired at an average price of 61,725 dollars per bitcoin, resulting in a total cost of about 27.1 billion dollars, including fees and expenses, according to the company's co-founder and CEO, Michael Saylor. To put it into perspective, MicroStrategy now owns about 2.1% of the total supply of 21 million bitcoins.

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