In Brief:
- From July 1 to August 23, Microstrategy, Inc. purchased about 3,907 bitcoins.
MicroStrategy Incorporated announced today that it had purchased approximately 3,907 bitcoins for approximately $177.0 million. They bought it in cash during the third quarter of its fiscal year to date. They bought it at an average price of approximately $45,294 per bitcoin, inclusive of fees and expenses.
The Company now possesses about 108,992 bitcoins, which it purchased at a total price of $2.918 billion. The average price was roughly $26,769 per bitcoin. This was inclusive of fees and expenses, as of August 23, 2021.
As previously disclosed, on June 14, 2021, the Company entered into an Open Market Sale AgreementSM with Jefferies LLC. It was the agent, under which the Company may issue and sell shares of its class A common stock.
Also Read: MicroStrategy Plans to Buy More Bitcoin Over a Period of Time
The Company also announced that during Q3 of its fiscal year to date it issued and sold an aggregate of 238,053 Shares under the ATM Facility. It traded the shares at an average price of $753.21.
About MicroStrategy:
MicroStrategy Incorporated is a business intelligence (BI) company that also offers mobile software and cloud-based services. It was founded in 1989 by 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr.
