MicroStrategy Buys 2,500 Bitcoins !


Bitcoin maximalist Michael Saylor announced that MicroStrategy has acquired 2,500 Bitcoins for about $42.8 million.

As per an SEC filing, MicroStrategy holds nearly 132,500 bitcoins acquired for over $4 billion at an average price of $30,397 per Bitcoin.

On Dec. 22, the company sold nearly 704 bitcoin for $11.8 million on the premise that the loss will offset previous capital gains.

On Dec. 24, the firm purchased an additional 810 bitcoin for approximately $13.6 million.