MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K

The firm has purchased the 301 bitcoin for an average price of $19,851 per coin.Read MoreCoinDesk

MicroStrategy (MSTR) bought 401 bitcoins (BTC) between Aug. 2 and Sept. 19 for approximately $6 million.

The firm bought the world’s largest cryptocurrency at an average price of approximately $19,851 per bitcoin.

MicrosStrategy, led by CEO Michael Saylor, is a well known “holder,” a strategy of accumulating crypto. It now has almost 130,000 bitcoins, acquiring them for a total purchase price of $3.98 billion. This represents an average purchase price of $30,639 per bitcoin.

At press time, bitcoin was trading at $19,138.

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