MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto By Cointelegraph

MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto

CryptocurrencyDec 30, 2021 11:40AM ET

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MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto

Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229.

According to a Thursday filing with the U.S. Securities and Exchange Commission, MicroStrategy purchased 1,914 BTC between Dec. 9 and Dec. 29 for $94.2 million, making its total holdings 124,391 BTC. With the recent buy, the company’s holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains.

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