Microstrategy Incorporated, a cloud computing business that has always been interested in buying bitcoin, once again purchased 14,620 bitcoins for $615.7 million, with an average price of $42,110 per bitcoin.
Between November 30, 2023, and December 26, 2023, the company bought the bitcoins in cash, including fees and expenses.
MicroStrategy and its companies controlled over 189,150 bitcoins as of December 26, 2023. These were purchased for an estimated $5.895 billion, with an average price of $30,252 per bitcoin.
Microstrategy purchased 16,130 Bitcoins in November for 593.3 million in cash, at an average price of $36,785 per coin. The stock price of Microstrategy has increased by 324.08% so far this year. Their big bet on Bitcoin is to win the 2023 investment race.
