MicroStrategy snapped up another 850 Bitcoin in January, increasing its total BTC holdings to a value of $8.1 billion.
MicroStrategy, the largest publicly traded holder of Bitcoin (BTC), says it acquired an additional 850 BTC in January bringing its total holdings to 190,000 BTC — worth $8.1 billion.
In its Q4 2023 Feb. 6 earnings call, the business software firm’s chief financial officer, Andrew Kang, said it acquired 56,650 BTC throughout 2023 at an average price of $33,580.
Overall, MicroStrategy posted a net income of $89.1 million, compared with a loss of $249.7 million in the year prior. The company’s revenue decreased 6.1% to $124.5 million within the same time frame, according to a Feb. 6 earnings statement.
