MicroStrategy Buys Additional 3,273 Bitcoin for $255 Million

MicroStrategy has purchased 3,273 bitcoin for approximately $255.0 million at an average price of $77,906 per bitcoin, according to a statement from company chairman Michael Saylor. Following this acquisition, MicroStrategy now holds a total of 818,334 bitcoin, acquired for about $61.81 billion at an average purchase price of $75,537 per bitcoin, Saylor said. The company has been accumulating bitcoin since 2020 as part of its corporate treasury strategy.