MicroStrategy Holds Over 105,000 BTC
Business software maker MicroStrategy has acquired bitcoins again. The company now holds over 105,000 bitcoins, which is the equivalent of $3,415,818,000. The last purchase of 13,005 bitcoins cost $489 mln in cash at an average price of $37,617 per coin.
Earlier this month, MicroStrategy announced a $500 mln bond offering. The proceeds were used to purchase additional digital assets. It is also known about the company's plans to sell shares worth up to $1 bln.
The flagship cryptocurrency fell from $35,000 to $33,900 and then to $32,700. At the time of writing, bitcoin is trading at $33,940.
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