MicroStrategy buys more than $4 billion in bitcoin

MicroStrategy announced that between November 11 and 17 it acquired a total of 51,780 bitcoin (BTC) for $4.6 billion. In this way, the technology company led by Michael Saylor accumulates 331,200 BTC in its treasuries, valued at 29.7 billion dollars.

This is the largest bitcoin purchase ever MicroStrategy to dateaccording to browser data Bitcointreasuries.

In the presentation made to the Securities and Exchange Commission (SEC), it is highlighted that the 51,780 BTC were acquired at an average price of $88,627.

To get a sense of the magnitude of this purchase, just compare it with the holdings of El Salvador, which has 5,938 BTC, or Bhutan, which has 12,207 BTC.

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