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MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K
The software company purchased the additional coins at an average price of $19,851.
Updated May 11, 2023, 5:45 p.m. Published Sep 20, 2022, 12:21 p.m.
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MicroStrategy (MSTR) bought 301 bitcoins between Aug. 2 and Sept. 19 for about $6 million, according to a filing with the U.S. Securities and Exchange Commission on Tuesday.
The software company that was co-founded by entrepreneur and crypto advocate Michael Saylor bought the world's largest cryptocurrency at an average price of $19,851 per coin, the filing said.
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MicroStrategy is a well-known bitcoin holder, putting the cryptocurrency in its reserves. It now has almost 130,000 bitcoins, acquiring them for a total price of $3.98 billion, or $30,639 per coin.
At press time, bitcoin was trading at $19,138.
