MicroStrategy picks up a further 14,620 bitcoin for $615 million
Quick Take MicroStrategy has added to its bitcoin stash, which now amounts to 189,150 bitcoin.
MicroStrategy has purchased a further 14,620 bitcoin over the last month.
The company spent $615.7 million on its latest stash, according to a Form 8-K filing published to its website today, at an average price of $42,110 per bitcoin. The purchases were made between November 30 and December 26.
MicroStrategy now owns 189,150 bitcoin, which it purchased at an average price of $31,168. The company spent $5.89 billion on its holdings, which are currently worth $8.1 billion — up $2.2 billion on paper.
The price of bitcoin has risen over the last month, up from $37,400 to its current price of $42,880, according to The Block's Price Page .
As of December 26, MicroStrategy has also sold 1 million shares, netting its $610 million, as part of an earlier plan to raise $750 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Writers protest in London against Meta over AI trained using copyrighted work
Share link:In this post: Artists and writers protested against Meta at its London office for copyright infringement. The writers are angry at the social media firm for using their work to train its AI models without their permission. Meta however defended its position arguing it “respects third party intellectual property.”
Trump Family Crypto Pivot – Eric Trump Embraces Crypto & Trump's Empire Expands
Pornhub adds Bitcoin and Litecoin payments for Premium Subscription
S&P 500 and Nasdaq go deeper into correction as Russell 2000 enters bear market
Trending news
MoreCrypto prices
More








