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MicroStrategy Spends Another USD 82m on Bitcoin
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The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said.
The new coins were acquired at an average price of USD 57,477.
MicroStrategy’s average buying price for the latest purchase is almost 15% above the current market price for bitcoin, indicating that the company bought the coins in late November before prices fell below the USD 50,000 mark.
The company has by now
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