MicroStrategy buys another $190 million worth of Bitcoin
Business intelligence firm MicroStrategy has acquired another $190.5 million (4,167 Bitcoins) worth of Bitcoin over the period between Feb. 15 and Apr. 4. MicroStrategy’s average purchase price currently stands at $30,700.
The Michael Saylor-helmed company has spent nearly $4 billion on purchasing Bitcoin since adopting the flagship cryptocurrency as its primary treasury reserve asset in April 2020. The total number of Bitcoins held by MicroStrategy now stands at 129,218 (roughly $6 billion).