MicroStrategy adds 950 BTC and repurchases $174 million in stock
MicroStrategy purchased 950 BTC for $75.7 million between September 14 and 20 at an average price of $79,670 per coin. The company now holds 846,000 BTC with a cumulative cost of $63.8 billion. Additionally, the firm repurchased 1,771,238 shares of its preferred stock for $174 million, with $875.1 million remaining in the buyback program.
Summaries are written by AI from the original article. Not investment advice.