The enterprise-software company that’s become well-known for its bullish crypto bets said it bought about 1,914 Bitcoins in total, according to a regulatory filing that specified the purchase period as Dec. 9 to Dec. 29 .
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Bitcoin: Tech company buys $400 million in crypto as price dramatically recovers. Tech company MicroStrategy has bought more than $400 million of bitcoin as it continues to invest in the cryptocurrency. MicroStrategy is a software company that sells data analytics tools and other business intelligence tools.
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The company paid an average price of $49,229 per bitcoin , it said in a statement. As of Dec. 29, MicroStrategy held about 124,391 bitcoins purchased at an average price of $30,159. Bitcoin is currently trading about $47,500, valuing the trove at $5.9 billion.
Read moreWhat is MicroStrategy crypto?
MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that has taken to accumulating bitcoin , said it bought approximately 660 bitcoins for around $25 million between Dec. 30, 2021, and Jan. 31, 2022. The company paid an average price of $37,865 per bitcoin, it said in a statement.
Read moreIs MicroStrategy still buying bitcoin?
MicroStrategy to Continue Buying Bitcoin Despite Market Tumble, CFO Says.25 Oca 2022
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