MicroStrategy Buys $190.5M Worth of Bitcoin

.MicroStrategy acquires an additional 4,167 BTC, putting their total Bitcoin holdings at a substantial figure of 129,218. Read more ⤵️

MicroStrategy , the bitcoin-accumulating business-intelligence software company, said it bought another 4,167 BTC for around $190.5 million.

The Tysons Corner, Va.-based firm paid an average of $45,714 per bitcoin, it said in a statement Tuesday. MicroStrategy now holds a total of 129,218 bitcoins, valued at around $6 billion at the current price of about $46,742. CEO Michael Saylor has said on several occasions that the company plans to hold the bitcoin long term and has no plans to sell it.

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