Categories: Crypto

MicroStrategy acquired 16,130 BTC worth $593 million

Between November 1 and November 29, MicroStrategy purchased approximately $593.3 million BTC (Bitcoin), which is 16,130 BTC. The average purchase price is $36,785. At the end of November, the company has 174,530 BTC on its balance sheet.

The American company MicroStrategy purchased 16,130 BTC for a total amount of approximately $593.3 million between November 1 and November 29, 2023. The average purchase price is $36,785.

As of November 29, the firm held 174,530 BTC on its balance sheet, worth a total of $5.28 billion, which were purchased at an average price of $30,252.

The company last purchased an additional 155 BTC for $5.3 million in October 2023. Between August 1 and September 24, the firm purchased 5,445 BTC worth approximately $147.3 million.

Note that MicroStrategy previously 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.

At the time of writing, Bitcoin is trading at around $37,600:

legenda

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