MicroStrategy buys 5,445 additional bitcoins for $147 million
Quick Take
- MicroStrategy purchased an additional 5,445 bitcoins for approximately $147 million.
- The company holds a total of around 158,245 bitcoins, worth roughly $4.1 billion at current prices.
Michael Saylor's MicroStrategy purchased an additional 5,445 bitcoins for $147.3 million — at an average price of $27,053 per bitcoin — between Aug. 1 and Sept. 24, according to a Securities and Exchange Commission filing submitted today.
This latest purchase brings the company's bitcoin holdings up to around 158,245 bitcoins, worth approximately $4.1 billion at the current price of around $26,000. The company acquired the bitcoins at a total cost of around $4.68 billion, with an average purchase price of about $29,582 per bitcoin, inclusive of fees and expenses.
The move comes after MicroStrategy acquired an additional 12,800 bitcoins for approximately $361 million over two purchases in June and August.
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