MicroStrategy’s Saylor Buys 3,000 More Bitcoin for $155.4 Million
- The value of company’s Bitcoin holdings is almost $10 billion
- ‘No reason to sell the winner,’ Saylor said last week
MicroStrategy Inc., the enterprise software firm that has made buying Bitcoin part of its corporate strategy, purchased another 3,000 or so of the cryptocurrency tokens this month for $155.4 million.
That raised the value of the Tysons Corner, Virginia-based company’s holdings to around $9.88 billion, based on currency market prices. The latest purchases were made with cash between Feb. 15 and Feb. 25, according to a filing with the US Securities and Exchange Commission on Monday. That brings the company’s total cache to around 193,000 Bitcoin.