MicroStrategy buys 10,000 new Bitcoins worth $1.1 billion, increasing its total holdings to over $46 billion. Learn more about the recent acquisition and company's plans.
MicroStrategy, one of the largest Bitcoin holders, purchased an additional 10,107 Bitcoins worth approximately $1.1 billion between January 21st and January 26th. The company now owns 471,107 Bitcoins valued at over $46 billion. According to Michael Saylor, the founder and CEO, the average purchase price of MicroStrategy’s Bitcoins was around $64,511 per Bitcoin. The company holds more than 2.2% of the total 21 million Bitcoin supply. These purchases were made after selling 2,765,157 MicroStrategy shares in the same period. Moreover, shareholders approved two new amendments allowing the company to increase its common and preferred shares to make more Bitcoin purchases.
