Share this article
Saylor's MicroStrategy Buys Another $177M of Bitcoin
The business intelligence firm is buying bitcoin again after a brief lull.
By Zack Seward
Updated May 9, 2023, 3:22 a.m. Published Aug 24, 2021, 12:45 p.m.
Business analytics software provider MicroStrategy (NASDAQ: MSTR) has added another 3,907 bitcoins to its vast trove of the original cryptocurrency.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to a Tuesday filing with the U.S. Securities and Exchange Commission, the company spent about $177 million on its latest BTC purchase, at an average price of approximately $45,294 per coin.
- In total, the firm holds 108,992 BTC, according to a tweet from CEO Michael Saylor:
MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash at an average price of ~$45,294 per #bitcoin. As of 8/23/21 we #hodl ~108,992 bitcoins acquired for ~$2.918 billion at an average price of ~$26,769 per bitcoin. $MSTRhttps://t.co/8jUlJImJbO
— Michael Saylor⚡️ (@michael_saylor) August 24, 2021
- MicroStrategy's stock, which some investors use as a proxy for the price of bitcoin, has sunk from a high of $1,273 per share in March to $718 as of press time.
- The price of bitcoin is down 2% over the last 24 hours, changing hands at $49,191.30 at time of publication.
Read more: MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
What to know:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
