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MicroStrategy acquired about 12,000 bitcoins during February 26 to March 10
The Fly

MicroStrategy acquired about 12,000 bitcoins during February 26 to March 10

In a regulatory filing, MicroStrategy announced that, during the period between February 26 and March 10, MicroStrategy acquired approximately 12,000 bitcoins for approximately $821.7M in cash, using $781.1M of proceeds from a private offering of convertible senior notes and $40.6M of excess cash, at an average price of approximately $68,477 per bitcoin, inclusive of fees and expenses. As of March 10, MicroStrategy, together with its subsidiaries, held an aggregate of approximately 205,000 bitcoins, which were acquired at an aggregate purchase price of approximately $6.91B and an average purchase price of approximately $33,706 per bitcoin, inclusive of fees and expenses.

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