MicroStrategy Acquires Another 51,780 BTC for $4.6 Billion ☑️
Nov-19-2024 09:07:35 AM
In a report filed with the U.S. Securities and Exchange Commission (SEC), MicroStrategy reported purchasing 51,780 bitcoins at an average price of $88,627 per BTC . As a result, the volume of the first cryptocurrency in the company's accounts amounted to 331,200 coins. The purchase was made using the proceeds from the sale of MicroStrategy shares between November 11 and November 17, which brought the company more than $4 billion.
A week earlier, MicroStrategy notified investors that it had purchased a batch of 27,200 bitcoins, bringing its corporate holdings to 279,420 BTC. MicroStrategy said it spent more than $2 billion to acquire the first cryptocurrency.