MicroStrategy bought another 1045 BTC for $29.3 million

Analyst software provider MicroStrategy purchased an additional 1,045 BTC. This was announced by the founder of the company Michael Saylor.

According to a report to the US Securities and Exchange Commission, between March 24 and April 4, 2023, MicroStrategy purchased $29.3 million worth of bitcoin at an average price of $28,016.

At the time of writing, the company owns 140,000 BTC worth approximately $4.17 billion at $28,184.

MicroStrategy’s previous investment in the first cryptocurrency took place in March – the firm acquired 6455 BTC for $150 million.

Bitcoin is trading at $28,500, according to CoinGecko.

In February, MicroStrategy reported a quarterly loss of $249 million and reported raising $46.6 million since September 2022.

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