Michael Saylor’s MicroStrategy sold 704 bitcoins last week, but also bought 2,395 bitcoins over the last couple of months.
MicroStrategy has increased its #Bitcoin Holdings by ~2,500 #BTC. As of 12/27/22 @MicroStrategy holds ~132,500 bitcoin acquired for ~$4.03 billion at an average price of ~$30,397 per bitcoin. $MSTRhttps://t.co/lcMeULcGQk
— Michael Saylor⚡️ (@saylor) December 28, 2022
MicroStrategy, a business software vendor co-founded by crypto advocate Michael Saylor, has continued to add to its bitcoin (BTC) holdings, purchasing approximately 2,395 bitcoins for $42.8 million between November 1 and December 21 through its MacroStrategy subsidiary.
Very first sale of bitcoins
However, for the very first time, the company did sell around 704 bitcoins for $11.8 million last Thursday, but it was made clear that this was in order to offset previous capital gains.
On Saturday, the company then acquired an additional 810 bitcoins for $13.6 million, bringing its total holding
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