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According to a filing with the Securities and Exchange Commission (SEC), MicroStrategy (MSTR), led by Michael Saylor, has acquired an additional 1,045 bitcoin (BTC) for a total sum of $23.9 million. The purchases were made between March 23 and April 4, with an average price of $28,016 per bitcoin.
The company's recent acquisition has increased their bitcoin holdings to around 140,000, which is currently valued at approximately $4 billion based on the current price of $28,500. The average purchase price of their entire bitcoin portfolio stands at $29,803.
MicroStrategy announced on March 27th that it had acquired 6,455 bitcoins for $161 million in the preceding five weeks. Additionally, the company reported that it had fully repaid its $205 million loan from the now-defunct Silvergate Bank.
MSTR has risen 1.2% in premarket trading, in line with Bitcoin's 1% overnight increase.
Source Coindesk
