MicroStrategy says purchased another $94.2 million worth of bitcoin during December
The publicly traded firm"purchased approximately 1,914 bitcoins for approximately $94.2 million in cash, at an average price of approximately $49,229 per bitcoin," according to"As of December 29, 2021, the Company held approximately 124,391 bitcoins that were acquired at an aggregate purchase price of $3.75 billion and an average purchase price of approximately $30,159 per bitcoin, inclusive of fees and expenses," MicroStrategy continued.
As previously reported, MicroStrategy is looking at ways to generate"yield" via its bitcoin holdings. CEO Michael Saylor said during an investor presentation earlier this month that
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