In January, according to a recent post by Michael Saylor, the founder and chairman of MicroStrategy, the company purchased an additional 850 Bitcoin for $37.2 million.
This brings their total Bitcoin holdings to 190,000, as announced by Saylor on the social media platform X. The company also shared that it will be discussing its fourth-quarter financial results on Tuesday.
Throughout January, the price of the popular cryptocurrency fluctuated significantly, partially due to the launch of various spot Bitcoin ETFs.
In November, MicroStrategy announced that it may raise up to $750 million through the sale of new Class A common stock shares. By the end of December, the company had already sold 1 million shares for $610 million.
