MicroStrategy Acquires Additional 11,000 Bitcoin for $1.1 Billion
- MicroStrategy purchased 11,000 BTC for approximately $1.1 billion.
- The average price per bitcoin was $101,191.
- This acquisition followed the sale of over 3 million MicroStrategy shares.
- The company now holds a total of 461,000 BTC.
- Total holdings were acquired at an average price of $63,610 per bitcoin.
MicroStrategy has expanded its bitcoin holdings to 461,000 BTC after purchasing an additional 11,000 bitcoins for about $1.1 billion at an average price of $101,191 each. This acquisition was funded by selling over three million shares of the company.
Source (2.6)https://www.theblock.co/post/335746/microstrategy-11000-bitcoin