MicroStrategy, the leading corporate holder of bitcoin (BTC), has expanded its holdings by acquiring an additional 3,000 tokens for $155 million. This recent purchase, made between February 15 and February 25, brings the company’s total bitcoin holdings to 193,000 coins. According to an SEC filing, these tokens were obtained at an average price of $51,813 each. As disclosed by Executive Chairman Michael Saylor via Twitter, MicroStrategy’s accumulated bitcoin now amounts to 193,000 coins, purchased for a total of $6.09 billion, with an average cost of $31,544 per coin.
With the current trading price of bitcoin standing at $51,366, MicroStrategy boasts an unrealized profit of approximately $3.8 billion on its bitcoin stash. In pre-market trading, MSTR shares have surged by 1.1% to reach $695.