According to a filing on Monday, MicroStrategy has purchased an additional 3,000 BTC between February 15 and 25, amounting to about $155 million at an average price of $51,813 per Bitcoin.
This brings the company’s total BTC holdings to 193,000 BTC, currently worth around $9.9 billion.
In January, MicroStrategy had also purchased 850 BTC for $37.2 million, bringing the total cost of their BTC holdings to approximately $6.1 billion at an average price of $31,544 per Bitcoin.
These purchases were funded by the proceeds from the issuance and sale of MicroStrategy’s shares. The company had previously announced its intent to raise up to $750 million through the sale of new shares.
As of January 1, $137.8 million in gross proceeds had been received from shares sold since then.
