MicroStrategy purchases 1,229 Bitcoins, bringing the total holdings to over 672,000 Bitcoins

2026-01-01 01:26:00

Source: PortaldoBitcoin Original Title: Strategy buys an additional 1,229 Bitcoins for US$ 109 million Original Link: https://portaldobitcoin.uol.com.br/strategy-compra-mais-1-229-bitcoin-por-us-109-milhoes/ MicroStrategy is a Bitcoin asset management company that recently announced the resumption of Bitcoin purchases after suspending acquisition activities for a week. The company bought 1,229 Bitcoins last week to increase its USD reserves to $2.2 billion.

According to a document released on Monday morning, MicroStrategy purchased these Bitcoins last week at an average price of $88,568 per Bitcoin, with a total expenditure of $108.8 million. The company was founded by Michael Saylor.

Following this acquisition, MicroStrategy’s total Bitcoin holdings increased to 672,497 coins, with a total investment of $5.044 billion, and an average purchase price of $74,997 per Bitcoin.

The funds for this purchase came from the sale of $108.8 million worth of Class A common stock.

MSTR stock fell 1% in pre-market trading on Monday, trading at $157 per share, while Bitcoin’s price also retreated to approximately $87,000.

BTC-0,89%

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