© Reuters
Business intelligence firm MicroStrategy has added $94 million worth of (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229.
According to a Thursday filing with the U.S. Securities and Exchange Commission, MicroStrategy purchased 1,914 BTC between Dec. 9 and Dec. 29 for $94.2 million, making its total holdings 124,391 BTC. With the recent buy, the company’s holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains.
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