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This Guy Purchased 2395 Bitcoins Within A Month

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MicroStrategy, the business software vendor, founded by Michael Saylor and containing bitcoin (BTC), has increased its bitcoin (BTC), 

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According to Wednesday's filing to the Securities and Exchange Commission. 

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It purchased approximately 2,395 bitcoins at $42.8 million through its MicroStrategy subsidiary.

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The company sold approximately 704 bitcoins last Thursday for $ 11.8 million, assuming that previous capital gains would offset any loss.

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On Saturday, the company bought an additional 810 Bitcoins for $13.6 Million, bringing its total to 132,500 bitcoins. 

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This is a significant increase in value compared to the $4 billion MicroStrategy spent on acquisitions.

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MicroStrategy's first sale of bitcoin since 2020, when it acquired the cryptocurrency.

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The company has added approximately 2,501 bitcoins to its holdings since Nov. 1 and spent $44.6 million.

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Premarket trading saw MicroStrategy shares rise marginally while bitcoin prices remained steady at $16,700.

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