Microstrategy Acquires 5,445 More Bitcoin — Total Holdings Climb to 158,245 BTC

Microstrategy has acquired 5,445 much bitcoin, bringing the company’s full holdings to 158,245 BTC. According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the further bitcoins were acquired during the play betwixt Aug. 1 and Sept. 24.

Microstrategy Adds 5,445 Bitcoin to Its Treasury

The Nasdaq-listed bundle quality steadfast Microstrategy has continued to summation its bitcoin holdings. On Monday, Michael Saylor, laminitis and president of Microstrategy, announced connected societal media level X:

Microstrategy has acquired an further 5,445 BTC for ~$147.3 cardinal astatine an mean terms of $27,053 per bitcoin. As of 9/24/23 Microstrategy hodls 158,245 BTC acquired for ~$4.68 cardinal astatine an mean terms of $29,582 per bitcoin. $MSTR

According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the further bitcoins were acquired betwixt Aug. 1 and Sept. 24.

Microstrategy besides announced connected Monday that arsenic of Sept. 24, it had issued and sold an aggregate of 403,362 shares of its Class A communal banal nether the income statement it announced connected Aug. 1 for aggregate nett proceeds of astir $145.3 million.

Microstrategy announced connected Aug. 1 that it had entered into a income statement with Cowen and Company LLC, Canaccord LLC, and Berenberg Capital Markets LLC to contented and merchantability shares of its people A communal stock, with an aggregate offering terms of up to $750 cardinal “from clip to time.” The bundle steadfast disclosed astatine the time: “We mean to usage the nett proceeds from this offering for wide firm purposes, including the acquisition of bitcoin and moving capital, and, taxable to marketplace conditions, for the repurchase oregon repayment of our indebtedness.”

At the clip of writing, bitcoin is trading astatine $26,097, down astir 5% implicit the past 7 days but up 57% year-to-date.

What bash you deliberation astir the magnitude of bitcoin Microstrategy is holding? Let america cognize successful the comments conception below.