MicroStrategy Acquires Another 5,050 Bitcoins
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13 September
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Analytics software provider MicroStrategy has just added an additional 5,050 Bitcoins to its holdings, bringing them to 114,042 BTC.

Since the middle of last year, the company has invested $3.16 billion in cryptos. The current value of MicroStrategy's holdings amounts to $5.1 billion, an increase of 42%.

In this latest purchase, the transaction amounted to $242.9 million, with an average Bitcoin price of $48,099. Therefore, the investment was probably made before the collapse of the cryptocurrency market last September 7. Ahead of today's announcement, MicroStrategy CEO Michael Saylor said:

"Slow and steady wins the race."

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The company has reported it added 8,957 BTC valued at $420 million to its holdings during the third quarter.

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