MicroStrategy Buys 1,070 Bitcoins
Main page News, Bitcoin

MicroStrategy has recently announced that it purchased 1,070 BTC in the last two days of 2024.

In a Jan. 6 statement, the company disclosed that it spent approximately $101 million in cash on Dec. 30 and 31 of that year.

According to an SEC filing, the average price per Bitcoin for this acquisition was about $94,004.

MicroStrategy has not made any other Bitcoin purchases since Dec. 31, according to its latest Form 8-K filing.

This latest acquisition brings the total Bitcoin held by MicroStrategy to 447,470 BTC, acquired for approximately $27.97 billion at an average price of $62,503 per BTC as of January 5.

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