MicroStrategy founder Michael Saylor announced on Twitter that MicroStrategy has once again purchased 12,333 BTC for a total price of $347 million, at an average price of $28,136 per BTC. As of June 27, 2023, MicroStrategy has bought a total of 152,333 BTC for $4.52 billion, with an average purchase price of $29,668 per BTC.
As of March, MSTR had only about $90 million in cash on its balance sheet, and the company is issuing stocks and selling equity in the market to purchase more Bitcoin.
Reference: https://twitter.com/saylor/status/1674025857063571456
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