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MicroStrategy’s Bitcoin Fund increases its portfolio by an additional 295 BTCs.
MicroStrategy Incorporated, a company that provides business intelligence, mobile software, and cloud-based services, is constantly increasing its investment in cryptocurrencies.
The latest evidence of this investment activity is the February 2 purchase, when the company released an official document from the United States Securities and Exchange Commission confirming the purchase of approximately 295 Bitcoins for $ 10.0 million in cash, at an average price of approximately $ 33,810 per Bitcoin. This amount already includes all expenses and fees.
This document also includes a report on total Bitcoin holdings, which states that Microstrategy “holds approximately 71,079 bitcoins that were acquired at an aggregate purchase price of $1.145 billion and an average purchase price of approximately $16,109 per bitcoin, inclusive of fees and expenses.”
Read also: Visa plans to work with cryptocurrency wallets and exchanges
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