MicroStrategy Acquires 1,045 Bitcoin This Past Week for $110 Million
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MicroStrategy Acquires 1,045 Bitcoin This Past Week for $110 Million

The firm's total Bitcoin holdings have reached 582,000 tokens with an average purchase price exceeding $70,000 each.

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Overview

MicroStrategy has once again boosted its Bitcoin holdings, acquiring an additional 1,045 BTC for approximately $110.2 million last week, according to reports. This acquisition has increased the company’s total Bitcoin holdings to 582,000 tokens.

Key Details

  • The average price for the recent Bitcoin purchase was approximately $105,426 per coin.
  • With this latest acquisition, the overall average cost for MicroStrategy’s stacked coins now exceeds $70,000 each.
  • Currently, Bitcoin is trading around $107,500, valuing MicroStrategy’s entire Bitcoin holdings at about $62.5 billion.

These recent purchases were funded through sales of preferred stocks from the company. Following these developments, MicroStrategy’s stock saw a 2% increase in premarket trading as Bitcoin prices rebounded from Friday’s levels around $105,000.

Translation: La semana pasada, MicroStrategy adquirió 1,045 BTC por aproximadamente $110.2 millones, elevando su total a 582,000 tokens.

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