MicroStrategy Provides Update on Bitcoin Holdings

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MicroStrategy Provides Update on Bitcoin Holdings

MT Newswires Live11-19 19:39

MicroStrategy (MSTR) said in a regulatory filing Monday it purchased roughly 51,780 bitcoins for about $4.60 billion in cash, at an average price of approximately $88,627 per bitcoin between Nov. 11 and Nov. 17.

MicroStrategy added in its 8-K filing with the US Securities and Exchange Commission that as of Nov. 17, the company owned about 331,200 bitcoins, with a total purchase price of roughly $16.50 billion and an average price of about $49,874 per bitcoin.

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