MicroStrategy Still Buys More Bitcoin, Adds 2,500 BTC in Last 2 Months

Posted on 12/28/2022


On December 28, 2022, MicroStrategy Incorporated disclosed that during the period between November 1, 2022 and December 21, 2022, MicroStrategy, through its wholly-owned subsidiary MacroStrategy LLC (MacroStrategy), acquired approximately 2,395 bitcoins (BTC) for approximately US$ 42.8 million in cash, at an average price of approximately US$ 17,871 per bitcoin, inclusive of fees and expenses.

On December 22, 2022, MacroStrategy sold approximately 704 bitcoins for cash proceeds of approximately US$ 11.8 million, at an average price of approximately US$ 16,776 per bitcoin, net of fees and expenses. MicroStrategy plans to carry back the capital losses resulting from this transaction against previous capital gains, to the extent such carrybacks are available under the federal income tax laws currently in effect, which may generate a tax benefit.

On December 24, 2022, MacroStrategy acquired approximately 810 bitcoins for approximately US$ 13.6 million in cash, at an average price of approximately $16,845 per bitcoin, inclusive of fees and expenses.

After giving effect to the transactions described above, MicroStrategy, together with its subsidiaries, increased its bitcoin holdings by 2,500 bitcoins, from approximately 130,000 bitcoins as of October 31, 2022, to approximately 132,500 bitcoins as of December 27, 2022. The approximately 132,500 bitcoins held by MicroStrategy and its subsidiaries as of December 27, 2022 were acquired at an aggregate purchase price of approximately US$ 4.03 billion and an average purchase price of approximately US$ 30,397 per bitcoin, inclusive of fees and expenses.

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