MicroStrategy stacks up $6 million worth of bitcoin

MicroStrategy has added an additional 301 bitcoin worth around $6 million to its balance sheet.

Michael Saylor, Microstrategy’s founder and former CEO shared the news on Twitter.

According to a filing, the purchases were made between Aug. 2 and Sept. 19.

This is the firm’s first purchase since June when it bought 480 bitcoin, worth around $10 million at the time.

MicroStrategy, and its subsidiaries, now hold approximately 130,000 bitcoins.

Michael Saylor stepped down as CEO of the firm in August and assumed a new role as executive chairman to focus his efforts more on bitcoin.

Leave a Reply

Your email address will not be published.