Investing.com -- MicroStrategy, a leading business intelligence company, has purchased approximately 10,107 bitcoin from Jan. 21 to Jan. 26, utilizing the proceeds from a recent sales agreement.
The company sold about 2.77 million shares, raising $1.1 billion in the process. This sale of shares also occurred from Jan. 21 to Jan. 26.
As of Jan. 26, MicroStrategy's bitcoin holdings amounted to about 471,107 units.
The company's total acquisition cost for these bitcoins stands at roughly $30.4 billion. The recent purchase of over 10,000 bitcoins adds to the company's already significant holdings in the digital currency.
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