The dominant holder of Bitcoin among U.S. publicly traded companies, MicroStrategy, announced again yesterday (28) that from April 21 to 27, it spent $1.42 billion to buy an additional 15,355 Bitcoins at an average price of $92,737, bringing its total Bitcoin holdings to 553,555 BTC, with a total purchase cost reaching $37.9 billion, updating the average price per Bitcoin to $68,459 (with an unrealized gain of approximately $12.9 billion).
The funds for this Bitcoin acquisition by MicroStrategy still come from the proceeds of its recent stock sale. According to documents provided by MicroStrategy, last week, the company sold 4.02 million shares of MSTR stock, raising approximately $1.4 billion.
After this sale, there remains $128.7 million worth of MSTR stock available for issuance and sale. Additionally, MicroStrategy also sold 435,069 shares of STRK stock, raising approximately $37.5 million, with $20.92 billion worth of STRK stock still available for issuance and sale under this plan.
MicroStrategy's stock price is rebounding.
According to Google Finance data, as the cryptocurrency market rebounds recently, MicroStrategy's stock price has also started to recover. As of April 29, Taiwan time, MicroStrategy's stock price reached $369.25, with a nearly 27.59% increase over the past month and a 12% increase over the last five days.
Bitcoin fluctuates around $95,000.
Although Bitcoin had a brief drop after opening last night, it then reversed course and has now returned to $95,028, with the price still fluctuating around the relative high point from early March.
