MicroStrategy buys an additional $190 million worth of bitcoin

Bitcoin • April 5, 2022, 10:37AM EDT
The Block

The publicly-traded company MicroStrategy has acquired an additional 4,167 BTC worth around $190.5 million, according to an April 5 filing with the SEC.

MicroStrategy acquired the new holdings at an average price of $45,714 between February 15, 2022 and April 4, 2022.

As of April 5, the company and its subsidiaries hold approximately 129,218 bitcoins, with MicroStrategy holding around 115,110.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

The bitcoins "were acquired at an aggregate purchase price of approximately $3.97 billion and an average purchase price of approximately $30,700 per bitcoin," according to the filing. 

The firm made big purchases at the end of 2020 and at the start of 2021. In September, the company purchased another 5,050 bitcoin, holding 114,042 BTC, The Block wrote at the time.

About Author

Anushree covers how U.S. businesses and corporations are moving into crypto. She has written about business and tech for Bloomberg, Newsweek, Insider, and others. Reach out on Twitter @anu__dave

More by Anushree Dave