Skip to content
Markets
Crypto

MicroStrategy Says It Bought More Bitcoin During December’s Dip

  • Firm bought more than 1,900 coins worth $94 million: filing
  • The company has become well known for its bullish Bitcoin bets
MicroStrategy, which is run by famed Bitcoin fan Michael Saylor. 

MicroStrategy, which is run by famed Bitcoin fan Michael Saylor. 

Photographer: Eva Marie Uzcategui/Bloomberg
From

MicroStrategy Inc. added to its Bitcoin cache, purchasing more than $94 million worth of the cryptocurrency in December as the coin retreated from its all-time high reached a month earlier. 

The enterprise-software company that’s become well-known for its bullish crypto bets said it bought about 1,914 Bitcoins in total, according to a regulatory filing that specified the purchase period as Dec. 9 to Dec. 29. As of Wednesday, the firm held more than 124,000 of the digital coins, which were acquired at an aggregate price of $3.75 billion, it said.