MicroStrategy purchased nearly $600 million more in bitcoins

Mike Saylor's company now has 174,530 BTC on its balance sheet, purchased at an average price of $30,252 for a total of $5.28 billion. At the end of October, MicroStrategy's Bitcoin trading position became profitable amid a sharp rise in the cryptocurrency market. The company began buying digital currency more than three years ago and was in deep losses for a long time.