US software company MicroStrategy, one of the largest publicly known Bitcoin holders in the world, has notified the US Securities and Exchange Commission that it has acquired an additional 11,931 BTC.
MicroStrategy filed a Form 8 report with the SEC on its $786 million acquisition of Bitcoin assets on Thursday, June 20. In total, from April 27 to June 19, the company purchased BTC at an average price of $65,883 per coin.
MicroStrategy founder Michael Saylor said the company financed the purchase with excess cash and proceeds from a private convertible note offering. Currently, MicroStrategy has 226,331 BTC on its balance sheet, purchased at an average price of $36,798, the businessman specified.
The report in Form 8-K is mandatory and is intended to promptly disclose information to the regulator about significant changes in the financial condition of companies traded on stock exchanges.
Earlier, one of the world’s most famous billionaire investors, George Soros, announced the investment of funds from the George Soros Fund family fund in MicroStrategy shares.
