MicroStrategy buys 3,000 Bitcoin for $155 million By Investing.com


© Reuters MicroStrategy (MSTR) buys 3,000 Bitcoin for $155 million

Michael Saylor's MicroStrategy (MSTR) has purchased an additional 3,000 Bitcoins for approximately $155 million, with an average price of $51,813 per Bitcoin, securities filings showed on Monday.

The company's shares rose more than 1.8% in premarket trading.

As of February 25, 2024, MicroStrategy now holds 193,000 Bitcoins, earned for around $6.09 billion, with an average price of $31,544 per Bitcoin.

At current prices, MSTR's Bitcoin holdings are valued at just under $10 billion, representing a return of nearly 63%.

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