MicroStrategy Now Holds Almost 130K Bitcoin, Buys 301 BTC
MicroStrategy (MSTR) bought 401 bitcoins (BTC) between Aug. 2 and Sept. 19 for approximately $6 million.
The firm bought the world's largest cryptocurrency at an average price of approximately $19,851 per bitcoin.
MicrosStrategy, led by CEO Michael Saylor, is a well known "holder," a strategy of accumulating crypto. It now has almost 130,000 bitcoins, acquiring them for a total purchase price of $3.98 billion. This represents an average purchase price of $30,639 per bitcoin.
At press time, bitcoin was trading at $19,138.