MicroStrategy founder Michael Saylor stated in his statement that his company purchased 850 Bitcoins for $37.2 million in January.
According to the statement, the company currently has 190,000 BTC.
Thus, MicroStrategy paid an average of $43,764 for the last Bitcoins it purchased.
The company, which published its earnings report today, reported revenue of $124.5 million in the fourth quarter of the year, falling short of expectations of $132.2 million. Total operating expenses increased to $139 million from $128 million in the previous quarter, down from $299.5 million in Q4 2022.
*This is not investment advice.
