US-listed company MicroStrategy, which focuses on Bitcoin investments, announced today its financial report for the fourth quarter of 2023. According to the report, the company quietly spent $37 million in January to acquire an additional 850 Bitcoins. As of February 5th, they now hold a total of 190,000 Bitcoins, with an average purchase price of $31,224.
In comparison, within the three months ending on December 31st, 2023, MicroStrategy issued and sold 2,266,503 shares of Class A common stock according to its market stock issuance plan, resulting in approximately $1.2 billion in net proceeds. As per their market stock issuance plan, the company still has approximately $137.8 million of Class A common stock available for issuance and sale.
