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MicroStrategy Keeps Stacking Sats With Additional $15M Bitcoin Buy

MicroStrategy Keeps Stacking Sats With Additional $15M Bitcoin Buy

MicroStrategy Keeps Stacking Sats With Additional $15M Bitcoin Buy

MicroStrategy has bought another 328 bitcoin, bringing its total to 90,859 BTC.

MicroStrategy has bought another 328 bitcoin, bringing its total to 90,859 BTC.

MicroStrategy has bought another 328 bitcoin, bringing its total to 90,859 BTC.

By Zack Voell
AccessTimeIconMar 1, 2021, 1:39 PM
Updated May 9, 2023, 3:16 AM
MicroStrategy CEO Michael Saylor
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MicroStrategy (MSTR) still isn't done buying bitcoin, although its latest purchase is significantly smaller than usual.

  • The business intelligence firm announced its purchase of an additional 328 BTC for $15 million in cash on Monday.
  • The business intelligence company's latest investment comes less than a week after it spent over $1 billion on bitcoin.
  • To date, MicroStrategy hold 90,859 BTC with an average purchase price of $24,063.
  • That total is worth around $4.38 billion on the market at press time.
  • CEO Michael Saylor tweeted the holdings had been bought for around $2.186 billion, meaning the firm is already sitting on a roughly $2 billion profit.

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