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Michael Saylor buys more bitcoin - Bitcoin To $830 MILLION - Bitcoin price prediction whats urs? - Rich X Search Crypto
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#MicroStrategy #Bitcoin #BTC

Today, Microstrategy (NASDAQ:MSTR) entered into a sales agreement with Cowen, Canaccord Genuity, and BTIG, acting as sales agents. Under this agreement, MicroStrategy has the option to offer and sell, from time to time through the agents, its class A common stock at $0.001 par value per share. The total potential sales from these shares could reach up to $750.0 million.

In a separate update related to its Bitcoin activities, MicroStrategy disclosed that between Nov 1 and Nov 29, it and its subsidiaries acquired approximately 16,130 bitcoins. This acquisition was made for about $593.3 million in cash, averaging around $36,785 per bitcoin, including fees and expenses.

As of Nov 29, 2023, MicroStrategy and its subsidiaries collectively held around 174,530 bitcoins. These were purchased for a total of approximately $5.280 billion, with an average purchase price of approximately $30,252 per bitcoin.

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