MicroStrategy buys 1,045 BTC for $29.3 million

The analytics software provider MicroStrategy has added 1,045 BTC to its holdings. This was reported by founder Michael Saylor.

MicroStrategy has acquired an additional 1,045 #bitcoin for ~ $29.3M at an average price of $28,016 per bitcoin. As of 4/4/2023 @MicroStrategy holds 140,000 bitcoin acquired for ~$4.17 billion at an average price of $29,803 per bitcoin. $MSTR https://t.co/IBufTxalnv

— Michael Saylor⚡️ (@saylor) April 5, 2023

According to a filing with the U.S. Securities and Exchange Commission, between March 24 and April 4, 2023, MicroStrategy purchased bitcoin worth $29.3 million at an average price of $28,016.

As of writing, the company holds 140,000 BTC worth about $4.17 billion at $29,803 per bitcoin.

The previous MicroStrategy investment acquired 6,455 BTC for $150 million.

Bitcoin is trading at around $28,500, according to CoinGecko.

Earlier in February, MicroStrategy reported a quarterly loss of $249 million and noted raising $46.6 million since September 2022.