MicroStrategy continues to buy Bitcoin at an average price of $19,427, gradually increasing its holdings over the past three months. Has it sold any?

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MicroStrategy continues to buy Bitcoin at an average price of $19,427, gradually increasing its holdings over the past three months. Has it sold any?

This year, the publicly traded company MicroStrategy has once again purchased Bitcoin with its corporate assets. CEO Michael Saylor revealed in a filing with the SEC this morning (5) that "MicroStrategy has purchased 2,574 bitcoins for $50 million in cash." The average price is reportedly $19,427, and the company now holds a total of 40,824 bitcoins.

How much Bitcoin does MicroStrategy have left?

In July of this year, Michael Saylor announced that the company would be adopting a new financial strategy over the next year. In addition to returning a portion of the capital ( $250 million) to shareholders through stock buybacks, another portion of the capital ($250 million) would be invested in alternative assets other than the US dollar to hedge against potential losses from currency inflation. According to the conference call records, these alternative assets include gold, silver, and Bitcoin as value reserve tools against inflation.

How much Bitcoin has the company bought so far? It is reported that they bought 21,454 in August, 16,796 in September, and 2,574 in December.

(Updated on December 22) On December 21, MicroStrategy CEO Michael Saylor announced another purchase of coins, $650 million, buying 29,646 Bitcoins at an average price of $21,915. They currently hold 70,470 Bitcoins, having spent a total of $1.125 billion, with an average price of $15,964. So far, MicroStrategy is a hodler.