Inventories increased again: MicroStrategy buys Bitcoin for $150 million

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MicroStrategy has increased its holdings again, buying more Bitcoin for almost $150 million.

• MicroStrategy buys more Bitcoin
• Inventory is now almost 160,000 Bitcoin
• MicroStrategy is the largest publicly traded Bitcoin holder

MicroStrategy, a multinational software manufacturer, has acquired new Bitcoin again – an additional 5,445 Bitcoin worth almost $150 million – as co-founder and former CEO Michael Saylor recently announced via X, formerly Twitter.

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Bitcoin holdings increased to almost 160,000

As per the latest report filed with the US Securities and Exchange Commission, MicroStrategy acquired the Bitcoin at an average price of $27,053. The purchase, which took place between August 1st and September 24th, was apparently financed through share sales.

The company’s holdings have now increased to 158,245 Bitcoin, as shown in the filing with the SEC – the Bitcoin would currently be worth around 4.29 billion US dollars. The latest purchase was the third Bitcoin purchase this year for MicroStrategy. The US company is considered the largest listed Bitcoin holder.

“Our strategy is to buy and hold Bitcoin, and the key for us is to be consistent, transparent and responsible in pursuing that strategy,” Saylor explained in a CNBC interview earlier this year.

Editorial team finanzen.net

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