As of Dec. 29, the corporate held about 124,391 bitcoins bought at a mean value of $30,159.
MicroStrategy (Nasdaq: MSTR), the business-intelligence software program firm that’s taken to accumulating bitcoin, mentioned it purchased 1,914 bitcoins between Dec. 9 and Dec. 29 for about $94.2 million in money.
The firm paid a mean value of $49,229 per bitcoin, it mentioned in an announcement.
As of Dec. 29, MicroStrategy held about 124,391 bitcoins bought at a mean value of $30,159. Bitcoin is at the moment buying and selling about $47,500, valuing the trove at $5.9 billion. The firm has a market cap of $6.1 billion, in accordance with Bloomberg information.
MicroStrategy raised funds for the acquisition by promoting shares.
In the third quarter, the corporate added nearly 9,000 bitcoin to its holdings, a mean of three,000 a month.
CEO Michael Saylor has made bitcoin acquisition a second mandate for his 32-year-old firm.
Adds complete worth of MicroStrategy’s holding, market cap in second bullet, share sale in third.