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Enterprise analytics and software company MicroStrategy's subsidiary MacroStrategy added another 4,167 Bitcoins to its holdings for around $190.5 M paying in cash. The average BTC price for the deal was $45,714, including fees and expenses.
According to the statement published by the company, as of April 4, 2022, MicroStrategy held around 129,218 BTCs in total. The aggregate acquisition price of the coins is around $3.97 bln and the average price of the purchase is around $30,700. MacroStrategy holds 115,110 of this number.
Microstrategy has the largest BTC holdings among all the publicly-listed companies. In late March, the financial infrastructure and services provider revealed issuing a $205 M term loan to MacroStratgy to buy additional bitcoins.
The company views Bitcoin as a dependable store of value, and acquiring and holding BTC is one of its corporate strategies.
Currently, Bitcoin trades at over $46,400. The market cap of the coin is more than $880 million.