Business intelligence company MicroStrategy added $94 million worth of Bitcoin (Bitcoin) Buy crypto assets at an average price of US$49,229 and hold them.

According to documents filed with the U.S. Securities and Exchange Commission on Thursday, MicroStrategy Buy From December 9th to December 29th, 1,914 BTC was sold at a price of 94.2 million U.S. dollars, bringing its total holdings to 124,391 BTC. Through the most recent acquisition, the value of the company’s shares is approximately US$5.9 billion, with revenues of more than US$2.1 billion.

MicroStrategy purchased an additional 1,914 bitcoins for approximately US$94.2 million in cash, at an average price of approximately US$49,229 each. #Bitcoin. As of December 29, 21, we #hodl Approximately 124,391 bitcoins were acquired at a price of approximately US$3.75 billion, with an average price of approximately US$30,159 per bitcoin. $MSTRhttps://t.co/tNxDwaT8VD

— Michael Saylor ?? (@saylor) December 30, 2021

Since the initial $250 million bitcoin investment in August 2020, MicroStrategy has continued to use the company’s cash on hand to purchase more than $3.7 billion in BTC alone. Sale of convertible senior notes In private placements to institutional buyers.Although in some cases, business intelligence companies Bought dipping sauceIn early 2021, when the BTC price exceeded $50,000, some purchases occurred.

related: Insiders sell MicroStrategy stock after Bitcoin bull market

The company’s recent BTC purchases follow the price of crypto assets Less than 46,000 USD December 29, because it continues to exhibit volatility before the new year.According to the data from Cointelegraph Markets Pro, The price of Bitcoin at the time of publication was $47,226, a drop of more than 7% in the past 7 days.