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MicroStrategy Buys Bitcoins for Roughly $1.11 Billion
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MicroStrategy Buys Bitcoins for Roughly $1.11 Billion
Sep 13, 2024 12:08 PM

09:05 AM EDT, 09/13/2024 (MT Newswires) -- MicroStrategy ( MSTR ) said Friday it bought about 18,300 bitcoins for roughly $1.11 billion in cash between Aug. 6 and Sept. 12.

The company said it used the proceeds from a previously launched stock offering.

MicroStrategy's ( MSTR ) aggregate holding as of Sept. 12 reached about 244,800 bitcoins, it said.

Price: 130.90, Change: +0.13, Percent Change: +0.10

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