MicroStrategy's Latest Bitcoin Purchase

In a bold move to further its investment in cryptocurrency, MicroStrategy Incorporated has announced the acquisition of an additional 2,530 Bitcoin. This significant purchase, amounting to approximately $243 million, was made between January 6 and January 12, at an average price of about $95,972 per Bitcoin, as revealed in the company's recent Securities and Exchange Commission (SEC) filing.

Funding the Future

The funding for these acquisitions came from the proceeds of the company's stock issuance and sale. Following these latest purchases, MicroStrategy and its subsidiaries now hold an impressive aggregate of approximately 450,000 Bitcoin. These were acquired at an aggregate purchase price of around $28.2 billion, averaging $62,691 per Bitcoin, inclusive of fees and expenses.

Strategic Stock Sales

In a related financial maneuver, MicroStrategy disclosed the sale of 710,425 of its shares during the same period, generating aggregate net proceeds of approximately $243 million. Post-transaction, the company still has approximately $6.53 billion worth of shares available for future issuance and purchase.