MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K

The software company purchased the additional coins at an average price of $19,851.

AccessTimeIconSep 20, 2022 at 12:21 p.m. UTC
Updated May 11, 2023 at 5:45 p.m. UTC

MicroStrategy (MSTR) bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million, according to a filing with the U.S. Securities and Exchange Commission on Tuesday.

The software company that was co-founded by entrepreneur and crypto advocate Michael Saylor bought the world's largest cryptocurrency at an average price of $19,851 per coin, the filing said.

MicroStrategy is a well-known bitcoin holder, putting the cryptocurrency in its reserves. It now has almost 130,000 bitcoins, acquiring them for a total price of $3.98 billion, or $30,639 per coin.

At press time, bitcoin was trading at $19,138.


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Parikshit Mishra

Parikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.