Microstrategy, Inc. (MSTR) Acquires Additional 19,452 Bitcoins for $1.026 Billion

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MicroStrategy Acquires Additional 19,452 Bitcoins for $1.026 Billion

February 24, 2021 8:00 AM EST

TYSONS CORNER, Va.--(BUSINESS WIRE)-- MicroStrategy® Incorporated (Nasdaq: MSTR) (the Company), the largest independent publicly-traded business intelligence company, today announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses.

As of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.

The Company remains focused on our two corporate strategies of... More