MicroStrategy Buys Another 12,333 Bitcoins for $347 Million

Michael Saylor’s MicroStrategy bought an additional 12,333 bitcoin for a total of $347 million in cash, at an average price of about $28,136 per bitcoin between April 29 and June 27, according to a U.S. Securities and Exchange Commission report filed Wednesday.

last purchaseThis brings the company’s total bitcoin holdings up to about 152,333 bitcoins, which are worth about $4.6 billion at the current bitcoin price of about $30,300, with the company receiving these bitcoins for a total price of about $4.52 billion. It has an average purchase price of approximately $29,668 per bitcoin, including fees and expenses.

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