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MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC

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MicroStrategy co-founder Michael Saylor announced another major Bitcoin purchase by the firm, bringing the entire amount of BTC holdings to 158,245 BTC.

, co-founder and executive chairman at MicroStrategy, took to X on Sept. 25 to announce a 5,445 BTC purchase by the firm. The latest Bitcoin stash was bought at an average price of $27,053 per BTC, or for $147.3 million in cash.to a Form 8-K filing with the United States Securities and Exchange Commission, MicroStrategy and its subsidiaries have been in the process of acquiring the amount between Aug. 1, 2023 and Sept. 24, 2023.

As of Sept. 24, MicroStrategy and its subsidiaries held an aggregate of approximately 158,245 bitcoins, which were acquired at an average purchase price of roughly $29,582 per BTC, inclusive of fees and expenses, the filing notes. The aggregate purchase price for MicroStrategy’s total Bitcoin holdings has amounted to $4.68 billion.

MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per

 

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