In a regulatory filing, MicroStrategy (MSTR) disclosed that on December 23, the company announced that, during the period between December 16 and December 22, the company acquired approximately 5,262 bitcoins for approximately $561M in cash, at an average price of approximately $106,662 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the issuance and sale of shares under the company’s previously announced sales agreement. As of December 22, the company, together with its subsidiaries, held an aggregate of approximately 444,262 bitcoins, which were acquired at an aggregate purchase price of approximately $27.7B and an average purchase price of approximately $62,257 per bitcoin, inclusive of fees and expenses, the filing noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MSTR:
