MicroStrategy Bought 5,445 Bitcoin for $150M Since August

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.

"MicroStrategy, together with its subsidiaries, acquired approximately 5,445 bitcoins for approximately $147.3 million in cash, at an average price of approximately $27,053 per bitcoin, inclusive of fees and expenses," the company said in the filing.

MicroStrategy now holds approximately 158,245 BTC, which were acquired at an aggregate purchase price of approximately $4.68 billion at an average purchase price of roughly $29,582 per bitcoin. The company said it had issued and sold a total of 403,362 MSTR shares to fund the purchase. In August, MicroStrategy said it may

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MicroStrategy Buys Another $147 Million Worth of BitcoinMicroStrategy has announced an acquisition of an additional 5,445 BTC, a purchase amounting to approximately $147.3 million
Source: Utoday_en - 🏆 295. / 63 Read more »