MicroStrategy, the dominant holder of Bitcoin among U.S. listed companies, announced yesterday (28) that from April 21 to 27, it spent $1.42 billion to purchase 15,355 Bitcoins at an average price of $92,737, bringing its total Bitcoin holdings to 553,555 BTC, with a total purchase cost of $37.9 billion.
MicroStrategy, the dominant holder of Bitcoin among U.S. listed companies, announced again yesterday (28) that from April 21 to 27, it spent $1.42 billion at an average price of $92,737 to increase its holdings by purchasing 15,355 Bitcoins, bringing its total Bitcoin holdings to 553,555 BTC, with a total purchase cost of $37.9 billion, updating the average price per Bitcoin to $68,459 (with an unrealized profit of approximately $12.9 billion).
The funds for this acquisition of Bitcoin by MicroStrategy still come from the proceeds of its new stock sale. According to documents provided by MicroStrategy, last week, the company sold 4.02 million shares of MSTR stock, raising about $1.4 billion.
After this sale, there remains $128.7 million of MSTR stock available for issuance and sale. Additionally, MicroStrategy also sold 435,069 shares of STRK stock, raising approximately $37.5 million, with $2.092 billion of STRK stock still available for issuance and sale under this plan.
MicroStrategy's stock price is recovering
According to data from Google Finance, as the cryptocurrency market rebounded recently, MicroStrategy's stock price began to recover as well. As of April 29 Taiwan time, MicroStrategy's stock price has reached $369.25, with a nearly 27.59% increase in the past month and a 12% increase in the last 5 days.
Bitcoin fluctuates at $95,000
Additionally, according to data, although Bitcoin experienced a brief decline after opening last night, it subsequently reversed course and has now returned to $95,028, with the price still fluctuating near the relative high point from early March.
