MicroStrategy purchased additional 5445 bitcoins for $147 million

26/09/2023

MicroStrategy, led by Michael Saylor, has recently bought 5,445 bitcoins for $147.3 million, at an average price of $27,053 per bitcoin, between August 1 and September 24. This purchase increases their total bitcoin holdings to around 158,245 bitcoins, valued at about $4.1 billion at the current price of $26,000 per bitcoin. In total, the company has spent approximately $4.68 billion on acquiring these bitcoins, with an average purchase price of roughly $29,582 per bitcoin, including fees and expenses. This follows their previous purchases of 12,800 bitcoins for $361 million in June and August.

Resource: https://www.theblock.co/post/252765/microstrategy-buys-5445-additional-bitcoins-for-147-million