American technology company MicroStrategy purchased 155 BTC for a total of about $5.3 million in October 2023.
At the time of the announcement, the company held 158,400 BTC on its balance sheet, worth $4.69 billion.
MicroStrategy also published a report for the third quarter of 2023. It said that during this period the company added 6,067 BTC to its portfolio, valued at $167 million, purchased at an average price of $27,531.
In addition, the document states that total revenue was $129.5 million, which is 3% more than the same period last year. However, the net loss was $143.4 million.
“Our commitment to buying and holding Bitcoin remains unchanged, especially given the promising backdrop of potential expansion of institutional support,” MicroStrategy CFO Andrew Kang said in a statement.
