MicroStrategy said Monday it bought about 13,005 bitcoins for $489 million in cash at an average price of roughly $37,617 inclusive of fees and expenses.
- The business-intelligence software company now holds some 105,085 bitcoins, which were acquired for a total of $2.74 billion. That’s an average purchase price of $26,080 per bitcoin, inclusive of fees and expenses.
- MicroStrategy said its newly formed subsidiary, MacroStrategy, holds about 92,079 BTC of the bitcoins.
- CEO Michael Saylor has made bitcoin acquisition a second mandate for his 32-year-old company. Its other business is developing software.
This story is developing and will be updated.
Source: Coindesk
