MicroStrategy's Latest Bitcoin Acquisition

MicroStrategy has announced a significant acquisition of 21,550 Bitcoin, valued at $2.1 billion, according to a recent Securities and Exchange Commission (SEC) filing. The average purchase price per Bitcoin was approximately $98,783, reflecting the company's continued commitment to digital assets.

Financing the Transaction

The transaction was financed through the sale of business stock under a previously announced sale agreement. This strategic move underscores MicroStrategy's confidence in the long-term potential of Bitcoin.

Total Bitcoin Holdings

As of December 8, MicroStrategy's total Bitcoin holdings, including those of its subsidiaries, stand at 423,650 BTC. The aggregate purchase cost for these assets is approximately $25.6 billion, with an average price of $60,324 per BTC, inclusive of fees and expenses.