MicroStrategy’s Bitcoin Holdings Top $8 Billion With Latest Purchase
- Software firm bought 14,620 Bitcoin from Nov. 30 to Dec. 26
- MicroStrategy’s total Bitcoin holdings is now 189,150 coins
MicroStrategy Inc., the enterprise software maker which has made buying Bitcoin as part of its corporate strategy, increased its total holdings of the cryptocurrency to more than $8 billion through additional purchases this month.
The Tysons Corner, Virginia-based company run by Bitcoin advocate Michael Saylor acquired 14,620 Bitcoin for $616 million in cash from Nov. 30 to Dec. 26, according to a filing with the US Securities and Exchange Commission on Wednesday. That brings its total holding to 189,150 Bitcoin, or to almost 1% of the 19.58 million Bitcoin outstanding.