MicroStrategy Increases Bitcoin Holdings (Patreon)

MicroStrategy acquired an additional 7,420 BTC for $458.2 million between September 13 and September 19, at an average price of $61,750 per bitcoin.

The company now holds a total of 252,220 BTC, valued at approximately $15.8 billion. These were purchased at an average cost of $39,266 per bitcoin, totaling around $9.9 billion, according to founder Michael Saylor.

This recent purchase follows the acquisition of 18,300 BTC for $1.1 billion between August 6 and September 12.

The acquisitions coincide with MicroStrategy's completion of a $1.01 billion upsized convertible notes offering, also announced on Friday.