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MicroStrategy Announces Year-End Good News: Invests an Additional $209 Million in Bitcoin - Coin Bulletin
MicroStrategy announced that it purchased 2,138 Bitcoins between December 23 and December 29, 2024.
The company announced that it spent a total of 209 million dollars in cash for these purchases and paid an average of 97,837 dollars per Bitcoin. It was stated that the purchases were made with the income obtained within the scope of the previously announced 21 billion dollar share sale agreement of the company.
$209 million in revenue from share sales
MicroStrategy said on Dec. 30 that it sold a total of 592,987 Class A common shares as part of its share sale agreement between Dec. 23 and Dec. 29, generating approximately $209 million in net proceeds from those sales. It was stated that the company has the capacity to sell a total of 6.88 billion dollars of shares within the scope of this sale agreement.
Bitcoin portfolio continues to grow
Please provide the text to be translated. As of December 29, MicroStrategy announced that it owns a total of 446,400 Bitcoins, including its subsidiaries. The company has spent a total of $27.9 billion on Bitcoin purchases so far, with an average cost of $62,428 per Bitcoin.