MicroStrategy Spends Another USD 82m on Bitcoin
The new coins were acquired at an average price of USD 57,477.
MicroStrategy’s average buying price for the latest purchase is almost 15% above the current market price for bitcoin, indicating that the company bought the coins in late November before prices fell below the USD 50,000 mark.
The company has by now spent some USD 3.66bn on bitcoin, with an average price per coin of USD 29,861, Saylor said.
At 13:27 UTC, BTC trades at USD 49,165 and is down 0.6% in an hour and is unchanged in a day. The price dropped 27% in a month.
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