MicroStrategy Adds $593.3 million in Bitcoin to its Crypto Haul

← Go back Dec 12, 2023

Software firm MicroStrategy has purchased more Bitcoin and is looking to raise more funds through the sales of new shares. The company revealed in a filing that between Nov. 1 and Nov. 29, it purchased an additional 16,130 bitcoin for $593.3 million, with an average price of $36,785 per token. MicroStrategy now has 174,540 Bitcoin in its holdings. The company said it may raise up to $750 million through the sale of new Class A common stock shares.

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