Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed.
MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the company's accumulative holding in Bitcoin reached 90,531 worth of around $4.5 B.
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MicroStrategy Acquired Over $1 B Worth of BTC