MicroStrategy Buys $150 Million More Bitcoin

 MicroStrategy purchased about 5,445 bitcoins for $147.3 million between August 1 and September 24.

The bitcoins were acquired at an average price of around $27,053 each.

MicroStrategy now holds approximately 158,245 bitcoins in total.

The aggregate purchase price for all of its bitcoin is $4.68 billion.

The average purchase price per bitcoin is about $29,582.

MicroStrategy issued and sold 403,362 company shares to fund the recent purchases.

In August, it said it may raise up to $750 million more by selling stock.

Some of those proceeds would also go towards acquiring additional bitcoin.

MicroStrategy continues to aggressively accumulate bitcoin for its corporate treasury.