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MicroStrategy buys 15,350 more bitcoins at $100,386 average price
The Fly

MicroStrategy buys 15,350 more bitcoins at $100,386 average price

MicroStrategy (MSTR) announced that, during the period between December 9 and December 15, the company had sold an aggregate of 3,884,712 shares under the sales agreement for aggregate net proceeds to the company of approximately $1.54B. As of December 15, approximately $7.65B of shares remained available for issuance and sale pursuant to the sales agreement. During the period between December 9 and December 15, MicroStrategy acquired 15,350 bitcoin (BTC)s for $1.5B in cash, at an average price of approximately $100,386 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 15, the company held an aggregate of approximately 439,000 bitcoins, which were acquired at an aggregate purchase price of approximately $27.1B and an average purchase price of approximately $61,725 per bitcoin, inclusive of fees and expenses.

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