MicroStrategy founder Michael Saylor announced in his post on his Twitter account that MicroStrategy purchased approximately 16,130 Bitcoins for approximately $593.3 million in cash.
With this latest purchase, the total number of BTC held by the company increased to 174,530.
“MicroStrategy purchased an additional 16,130 BTC for $593.3 million at an average price of 36,785 per Bitcoin.
As of 11/29/2020, MicroStrategy holds 174,530 BTC purchased for approximately $5.28 billion at an average price of $30,252 per Bitcoin.”
*This is not investment advice.