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Computer services company, MicroStrategy, is sticking to its strategy of recurring bitcoin (BTC purchases). Today, February 6, 2024, it was announced that during the past month they acquired an additional 850 BTC and now reach the figure of 190,000 BTC in their treasury.
Michael Saylor, co-founder of the company, detailed that $37.2 million was disbursed to make the aforementioned bitcoin purchase.
In addition, in the most recent financial statement, MicroStrategy shows that, in total, they have invested $5.93 billion in BTC, which equates to about $31,224 per BTC. Considering that the price of bitcoin at the time of this publication is close to $43,000, it is evident that the investment is in unrealized gains.