MicroStrategy splashes $177M on Bitcoin, now holds almost 109,000 BTC

MicroStrategy splashes $177M on Bitcoin, now holds almost 109,000 BTC

MicroStrategy’s Bitcoin holdings are now worth more than $5.3 billion at the current BTC price. MicroStrategy has once again purchased more Bitcoin (BTC), with the company adding 3,907 BTC to its holdings. According to a Form 8-K filing with the United States Securities and Exchange Commission published on Tuesday, the business intelligence upped its Bitcoin holdings by 3,907 BTC between July 1 and Monday, Aug. 23.The SEC filing also revealed that MicroStrategy spent an average of $45,294 to acquire the additional Bitcoin.With its latest purchase, Michael Saylor’s firm now holds 108,992....


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