According to an 8-K filing with the SEC, MicroStrategy, the largest corporate holder of bitcoin, stated Tuesday morning that it had acquired an additional 301 bitcoins for almost $6 million in cash. According to the statement, the total cost of all of its bitcoin was around $3.98 billion, with an average cost of $30,639 per bitcoin, fees, and charges included. This latest announcement comes after the public firm’s second-quarter earnings last month where it was revealed that business founder Michael Saylor would step down from his position as CEO and be replaced by MicroStrategy President Phong Le.
