MicroStrategy Spends $190M to Purchase More Than 4,100 BTC

MacroStrategy, a division of MicroStrategy, has acquired 4,167 BTC worth $190.5 million, the company founder and CEO Michael Saylor has announced.

According to him, the average purchase price of one Bitcoin was about $45,714. In total, MicroStrategy’s current Bitcoin reserves amount to 129,218 BTC. On the company’s website there is available a report for the SEC with the details of the transaction.

Bitcoin Treasuries estimates that the total value of MicroStrategy’s Bitcoin reserves is about $6.09 billion.

The company attracted last week a loan of $205 million secured by its crypto savings to acquire additional Bitcoins.