According to a filing released on Monday, MicroStrategy bought an additional 3,000 between February 15 and February 25 for almost $155 million, or an average price of $51,813 per Bitcoin.
Michael Saylor, the executive chairman and creator of MicroStrategy, calculates that the company spent about $6.1 billion for all of its holdings, which were acquired at an average price of $31,544 per Bitcoin.
The company increased its overall holdings to 193,000 BTC, or about $9.9 billion, last month with the purchase of 850 BTC ($37.2 million).
The purchases were financed by the proceeds from the issuance and sale of MicroStrategy shares.
MicroStrategy stated in the filing that it had issued and sold 1,272,077 shares for a total of about $750 million as part of a prior sales agreement. Of these gross proceeds, almost $137.8 million came from shares that were issued and sold since January 1st, the article stated.
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