MicroStrategy has recently purchased about 27,200 Bitcoins for approximately $2.03 billion.
The estimated average price per coin, including fees and expenses, was $74,463. The purchases were made between October 31 and November 10, financed by the sale of shares.
In total, MicroStrategy and its affiliates now own some 279,420 Bitcoins, purchased for approximately $11.9 billion at an average price of $42,692 per coin, including expenses.
This recent purchase follows a quarterly report that showed sales of $116 million, slightly below the $122.66 million expected.
On October 30, 2024, the company reported a year-to-date return of 17.8% and announced plans to raise $42 billion for future Bitcoin acquisitions.