Key Takeaways MicroStrategy purchased another $4.6 billion worth of bitcoin last week.The company's total bitcoin holdings are now worth roughly $30 billion.MicroStrategy sold around 13.6 million shares to fund the most recent bitcoin purchase.

MicroStrategy, the world’s largest corporate holder of bitcoin, issued $4.6 billion of shares in the past week, and used proceeds to buy a like amount of the cryptocurrency. Billionaire Warren Buffett Sold 67% of Berkshire's Stake in Apple and Is Piling ...

Following its usual approach, MicroStrategy (NASDAQ:MSTR) raised more capital through a stock sale to pile into its bitcoin holdings, the company disclosed on Monday in an SEC filing. The purchases came during a week when bitcoin (BTC-USD) scaled to new highs,

At the current price surrounding the $90,000 level, those holdings are worth just less than $30 billion. To fund this latest purchase, MicroStrategy tapped its at-the-market share issuance program, selling roughly 13.6 million shares for $4.6 billion.

MicroStrategy Inc. bought about 51,780 Bitcoin for around $4.6 billion, the largest purchase by the crypto hedge-fund proxy since it began acquiring the digital-asset more than four years ago.

In an SEC filing Monday, MicroStrategy said that it acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash, at an average price of approximately $88,627 per bitcoin, inclusive of fees and expenses.

MicroStrategy has bought about $4.6 billion of bitcoin—the first fruits of a huge new fundraising plan, and its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago.