MicroStrategy purchases  $489 million Bitcoin, now holds over 105,000 BTC

The business intelligence firm has announced today that it has purchased an additional 13,005 Bitcoin worth $489 million in cash at an average price of $37,617 per unit. The purchase follows MicroStrategy’s recent filing with the U.S. Securities and Exchange Commission (SEC) wherein proceeds from a recently closed private sale were to be allocated for the said purchase.