MicroStrategy Announces the Purchase of 1,434 $BTC for $82.4 Million

TokenInsight news, MicroStrategy CEO Michael Saylor announced on Twitter that an additional 1,434 bitcoins were purchased for approximately $82.4 million in cash at an average price of approximately $57,477. Based on price estimates, his purchase was made between late November and early December. Previously, on November 29, MicroStrategy had also announced the purchase of 7,002 bitcoins for approximately $414.4 million in cash at a unit price of $59,187. MicroStrategy has now cumulatively purchased approximately 122,478 bitcoins for approximately US$3.66 billion at an average price of approximately US$29,861.