MicroStrategy Buys 34,200 Bitcoin for $254M, Paying $74,400 Each on Average
MicroStrategy has acquired 34,200 bitcoin for $254 million, according to CoinDesk, citing Onchain Lens. The purchase price averaged $74,400 per bitcoin. The company's total holdings now stand at 815,100 bitcoin, bought for roughly $6.156 billion in aggregate, at an average cost basis of $75,500 per coin.