Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins for $150 million on March 27. On April 5, the firm’s CEO announced that it had acquired an additional 1,045 bitcoins, bringing the company’s total holdings to 140,000 BTC. The publicly traded company now has the largest stockpile of bitcoins of any firm worldwide, representing 0.667% of the 21 million BTC supply cap.
“Microstrategy has acquired an additional 1,045 bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin,” Saylor tweeted on Wednesday. “As of 4/4/2023 Microstrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin.”