Bitcoin treasury company MicroStrategy on Monday announced another BTC buy, bringing its total stash of the leading cryptocurrency to over $46 billion.
According to a Monday announcement, the company bought 15,350 Bitcoin between December 9 and December 15 and now holds 439,000 BTC in total, valued $46.6 billion at the current price. MicroStrategy bought its latest Bitcoin at an average price of $100,386 per coin, it said, bringing the week’s spend to over $1.5 billion.
The company has accelerated its Bitcoin buys this year as demand for its stock (NASDAQ: MSTR) has surged.
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Author: Mathew Di Salvo
