In a new filing with the United States Securities and Exchange Commission. software analytics company MicroStrategy says The company bought Bitcoin sold 2,395 Bitcoin (BTC) at an average price of $17,181 for a total of $42.8 million between Nov. 1 and Dec. 21. After that, the company sold 704 BTC at $16,776 each for a total of $11.8 million. On December 22 and on December 24, MicroStrategy Another approximately 810 BTC was bought for $13.6 million in cash at an average price of $16,845 per coin.
In a Bloomberg interview atpublishEarlier this year, MicroStrategy CEO Michael Saylor Telling reporters: “We just buy and hold Bitcoin, that’s our strategy. We are not sellers.” But the Dec. 28 filing contained the first publicly reported BTC sale.
Following the transaction, MicroStrategy currently holds 132,500 BTC with an average purchase price of $30,397 and a total book value of $4.03 billion. However, its market cap has dropped to $2.2 billion at time of publication.
MicroStrategy It previously disclosed on Sept. 9 that the company may issue or sell up to $500 million worth of common stock between Oct. 1 and Dec. 27, with the company selling 218,575 units for total net income of 46.4. Millions of dollars, and Saylor is currently embroiled in a lawsuit by the Washington, D.C. attorney general for tax evasion.
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