Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.

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 is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.

CoinDesk - Unknown

Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.

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