The new purchases was made at an average price of $60,408 per token, Executive Chairman Michael Saylor said in an X post on Friday morning, boosting the company’s holdings to 244,800 BTC. MicroStrategy’s cost basis for those holdings is $9.45 billion, or an average price of $38,585 per bitcoin. At the current price just under $58,000 the stack is now worth about $14 billion.
Source: https://www.coindesk.com/markets/2024/09/13/michael-saylors-microstrategy-purchased-183k-more-bitcoins-for-11b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines