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MicroStrategy, one of the largest holders of Bitcoin, bought another 10,107 Bitcoins worth about $1.1 billion between Jan. 21 and Jan. 26.
The company now owns 471,107 Bitcoins, worth more than $46 billion. The average price of MicroStrategy’s Bitcoin purchases was about $64,511 per Bitcoin, according to Michael Saylor, the company’s founder and CEO.
The company owns more than 2.2 percent of the total supply of 21 million Bitcoins. The purchases came after MicroStrategy sold 2,765,157 shares of its stock during the same period.
The company’s shareholders also voted to approve two new amendments that would allow the company to increase the number of its common and preferred shares to make additional purchases of Bitcoin. 7 replies
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