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MicroStrategy Buys $15M More of Bitcoin

As a result, MicroStrategy now holds about 91,579 bitcoin.

Updated Sep 14, 2021, 12:35 p.m. Published Apr 5, 2021, 12:26 p.m.

MicroStrategy, the business intelligence firm that has made bitcoin its main treasury reserve, said it purchased about 253 more of the leading cryptocurrency for $15 million in cash.

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The Nasdaq-listed firm said it paid an average price of $59,339 per coin including fees and expenses.
As a result, MicroStrategy now holds about 91,579 bitcoin at a total purchase price of $2.23 billion, at an average price of $24,311 per coin.

MicroStrategy Michael Saylor

Kevin Reynolds

Kevin Reynolds is editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.