MicroStrategy Inc., has purchased an additional 262 bitcoins (EXANTE: Bitcoin) at an average price of $57,146. According to a regulatory filing, the company increased its bitcoin hodlings to 91,326 BTCs that were acquired at an average purchase price of $24,214 per BTC. Thus, MicroStrategy hodls in bitcoin over $5.3 billion so far.
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As MicroStrategy CEO, Michael Saylor, previously said the company "will continue to pursue" its business strategy of acquiring additional bitcoins. He also believes said that investing in the cryptocurrency is more profitable than investing in early-stage tech stocks.
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