Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Summary
MicroStrategy purchased 51,780 bitcoins for $4.6 billion, increasing its total holdings to 331,200 BTC acquired for about $16.5 billion. At a current price near $90,000 per bitcoin, these holdings are valued at just under $30 billion. The purchase was funded through an at-the-market share issuance program, selling approximately 13.6 million shares for $4.6 billion. The company has $15.3 billion of stock remaining for potential sale under this program. Recent acquisitions include 72,000 BTC for $6.6 billion over the past few weeks. MSTR shares are down 1% premarket but up nearly 400% year-to-date.
