Microstrategy, one of the largest institutional investors in Bitcoin, announced in its latest statement to the SEC that it has purchased 1045 more Bitcoins.
The company announced that the average cost of BTCs is $28,016.
With the last purchase, the number of BTC in Microstrategy's hands increased to 140,000, while the overall BTC cost of the company decreased to $ 29,803.
“MicroStrategy bought another 1045 Bitcoins for $29.3 million at a cost of $28,016.
As of 04/04/2023 MicroStrategy has 140,000 Bitcoins purchased for $4.17 billion at an average price of $29,803 per Bitcoin."
MicroStratgey made its previous purchase on March 23. At that time, the company had purchased approximately 6,455 BTC for $150.0 million and an average cost of $23,238 per BTC.
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*Not investment advice.