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# MicroStrategy add $242 million Bitcoin to stash
- URL: https://btcpeers.com/microstrategy-add-242-million-bitcoin-to-stash-2/
- Published: 2021-09-14T05:55:20.000Z
- Updated: 2023-09-24T15:41:26.000Z
- Author: John Williams
- Tags: News, #saudu, #Import 2025-12-27 14:07

MicroStrategy, a business intelligence firm and corporate Bitcoin whale, announced on Monday that it had acquired an additional 5,050 BTC for about $242.9 million.

> MicroStrategy has purchased an additional 5,050 bitcoins for \~$242.9 million in cash at an average price of \~$48,099 per #bitcoin. As of 9/12/21 we #hodl \~114,042 bitcoins acquired for \~$3.16 billion at an average price of \~$27,713 per bitcoin. $MSTRhttps://t.co/2ESbTy6ad7
> 
> — Michael Saylor⚡️ (@michael\_saylor) September 13, 2021

Following its latest purchase, MicroStrategy has now bought 8,957 in the third quarter of 2021 (approximately $419 million). Recall that in August, the US-based NASDAQ-listed firm purchased 3,907 BTC at an average price of $45,294 per BTC in August. In total the company’s Bitcoin stash has grown to roughly $5.1 billion at an average buying price is $27,713 per BTC.

Meanwhile, as of press time, Bitcoin was trading close to $45,000 on several exchange platforms. The flagship [cryptocurrency](https://btcpeers.com/what-is-the-best-cryptocurrency-to-invest-in/) has dropped by 3.7% in the last 24 hours and 14.1% over the past seven days.

MicroStrategy’s disclosure comes a few days after El Salvador announced a 150 BTC purchase ahead of the full implementation of El Salvador’s Bitcoin Law.