Showing 1 Result(s)

MicroStrategy says purchased another $94.2 million worth of bitcoin during December

MicroStrategy added to its ever-growing hoard of bitcoin over the course of December, according to a Thursday disclosure. The publicly traded firm “purchased approximately 1,914 bitcoins for approximately $94.2 million in cash, at an average price of approximately $49,229 per bitcoin,” according to an SEC filing.  “As of December 29, 2021, the Company held approximately 124,391 bitcoins that were acquired at an aggregate purchase price of $3.75 billion and an average purchase price of approximately $30,159 per bitcoin, inclusive of …