According to the U.S
According to the U.S. Securities and Exchange Commission, MicroStrategy acquired 12333 bitcoins at an average price of $28136 in the second quarter, costing $347 million.
This is the largest acquisition by the most famous public trading advocate since Bitcoin prices peaked late last year, bringing the company's purchase of Bitcoin to around $4.5 billion. The company is regarded by some stock investors as a representative of tokens, and some of its funds for purchasing Bitcoin come from selling stocks. As of June 27, 2023, the net income of MicroStrategy from the issued and sold shares was about $333.7 million. According to the documents, in May this year, the company stated that it may issue and sell Class A ordinary shares, with a total issuance price of up to $625 million.
This article originates from the financial industry
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