MicroStrategy acquires 21,550 bitcoins from December 2 to December 8

In a regulatory filing from before the market opened, the company disclosed that, during the period between December 2 and December 8, it had sold an aggregate of 5.42M shares under a sales agreement for aggregate net proceeds to the company of approximately $2.13B. The company also announced that, during the period between December 2 and December 8, it acquired approximately 21,550 bitcoins for approximately $2.1B in cash, at an average price of approximately $98,783 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the issuance and sale of shares under the sales agreement. As of December 8, the company, together with its subsidiaries, held an aggregate of approximately 423,650 bitcoins, which were acquired at an aggregate purchase price of approximately $25.6B and an average purchase price of approximately $60,324 per bitcoin, inclusive of fees and expenses.