MicroStrategy Now Holds Almost 130K Bitcoin, Buys 301 BTC

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Parikshit Mishra

Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours. He does not have any crypto holdings.

MicroStrategy (MSTR) bought 401 bitcoins (BTC) between Aug. 2 and Sept. 19 for approximately $6 million.

The firm bought the world's largest cryptocurrency at an average price of approximately $19,851 per bitcoin.

MicrosStrategy, led by CEO Michael Saylor, is a well known "holder," a strategy of accumulating crypto. It now has almost 130,000 bitcoins, acquiring them for a total purchase price of $3.98 billion. This represents an average purchase price of $30,639 per bitcoin.

At press time, bitcoin was trading at $19,138.

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