• April 05, 2022

MicroStrategy Buys $190.5M Worth of Bitcoin In Cash Between Feb. 15, 2022-Apr. 4, 2022.

The firm now holds a total of 129,218 bitcoins.

MicroStrategy (MSTR), a bitcoin-accumulating business intelligence software firm, announced the purchase of another 4,167 bitcoins for $190.5 million.

  • The purchases took place between February 15 and April 4, according to a statement released by MicroStrategy on Tuesday.
  • The company from Tysons Corner, Virginia, paid an average of $45,714 per bitcoin.
  • MicroStrategy now has 129,218 bitcoins in its possession, worth at nearly $6 billion at the current price of $46,742. On multiple occasions, CEO Michael Saylor has stated that the company intends to hold bitcoin for the long term and has no plans to sell it.
  • The average daily amount of bitcoin gained over the 49-day period is 85, up from 20 between December 30, 2021 and January 31, 2022. The corporation previously stated that it had not purchased any bitcoin in the first half of February.