Key Takeaways
- MicroStrategy acquired 130 BTC for $10.7 million at $82,981 per BTC.
- The company's total Bitcoin holdings now stand at 499,226 BTC.
- The latest purchase was funded by selling 123,000 shares of STRK stock.
MicroStrategy, led by Michael Saylor, has increased its Bitcoin holdings with the acquisition of 130 BTC for approximately $10.7 million.
The company paid an average price of $82,981 per bitcoin, according to a Monday filing.
Total holdings
As of March 16, MicroStrategy holds 499,226 BTC, accumulated for roughly $33.1 billion.
The firm’s average purchase price across all holdings stands at $66,360 per bitcoin.
Funding the purchase
The purchase was funded through the sale of 123,000 shares of MicroStrategy’s preferred stock (STRK), generating about $10.7 million in net proceeds.
This follows the company’s recent announcement of a $21 billion at-the-market offering for STRK.
