Software giant MicroStrategy announced it increased its Bitcoin (BTC) holdings since the end of Q2 of 2023. The company bought an additional 6,067 Bitcoin, bringing its total holdings to 158,400.
MicroStrategy Buys More Bitcoin
In its recent financial result, software company MicroStrategy announced that it bought more Bitcoin since the end of Quarter 2, 2023. The company’s additional purchase means that MicroStrategy now holds about 0.75% of Bitcoin’s circulating supply. In a press release, the company revealed it bought another 6,067 bitcoins for $167 million since the end of Q2 2023. MicroStrategy, the largest corporate holder of Bitcoin, now owns a total of 158,000 Bitcoin, which it acquired for $4.69 billion and at an average price of $29,585 per coin.
Michael Saylor, Chairman of MicroStrategy, revealed on X (formerly Twitter) that the company bought 155 BTC for $5.3 million in October alone.
In October, @MicroStrategy acquired an additional 155 BTC for $5.3 million an
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