MicroStrategy made additional purchases. 14,620 Bitcoin last month.
The company has spent $615.7 million on its latest assets, at an average price of $42,110 per bitcoin, according to a Form 8-K filing posted to its website today. Purchases were made between November 30 and December 26.
MicroStrategy currently holds 189,150 Bitcoins, purchased at an average price of $31,168. The company spent $5.89 billion on its holdings, which are now worth $8.1 billion, up $2.2 billion on paper.
According to The Block’s price page, the price of Bitcoin has risen from $37,400 last month to the current price of $42,880.
As of December 26, MicroStrategy had generated $610 million in proceeds by selling 1 million shares as part of its initial plan to raise $750 million.
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Tim is the editor-in-chief of The Block. Before joining The Block, Tim worked as a news editor at Decrypt. He holds a BA in Philosophy from York University and studied News Journalism at Press Association Training. X Follow him at @Timccopeland