MicroStrategy Doesn’t Stop: It Bought More Than Half a Billion Dollars of Bitcoin

Software company MicroStrategy filed a notice with the SEC today, announcing that it purchased more than ten thousand Bitcoins.

According to the statement made by MicroStrategy, the company has a total cost of approximately $ 36,785 per unit between November 1-29, 2023. $593.3 million spending about Bought 16,130 Bitcoins.

MicroStrategy increased the total amount of Bitcoin in its reserves with its purchases this month. increased to 174,530. Total cost for MicroStrategy, which spent an average of $30,252 per unit on these approximately $5.28 billion happened.

The company announced that it issued 1,189,588 common shares between November 1 and 28, generating approximately $590.9 million in net proceeds.

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