MicroStrategy purchased 14,620 bitcoins worth about $615.7 million. Now Michael Saylor's company owns approximately 189 thousand BTC (about $5.9 billion), according to a statement sent to the US Securities and Exchange Commission (SEC) on December 27 .

The company began regularly buying cryptocurrency more than three years ago and was in the red for a long time. At the end of October 2023, against the backdrop of a sharp rise in the crypto market, MicroStrategy's Bitcoin trading position became profitable.

"I wonder what Sailor is doing." Why MicroStrategy is buying Bitcoins


The average price of Bitcoin purchased by MicroStrategy between November 30 and December 26 was approximately $42,110, including expenses. The company's all-time average purchase price for Bitcoin is $31,168, the document says.

At the same time, from November 30 to December 26, the Bitcoin rate fluctuated between $37.7 thousand and $44 thousand. During this period, the asset set a local maximum since the spring of 2022. At 16:30 Moscow time on December 27, the price of the first cryptocurrency is at $42.9 thousand, according to CoinGecko.

As of November 30, 2023, the market valuation of Saylor's digital assets was $6.58 billion, and the unrealized profit from the purchase of Bitcoin was $1.3 billion.