MicroStrategy Buys 155 BTC in October, Total Holdings Reach 158,400 BTC

WikiBit 2023-11-02 11:21

MicroStrategy has officially released its financial report for the third quarter of 2023, revealing an additional purchase of 155 Bitcoins in October at a price of $5.3 million. As of October 31, 2023, MicroStrategy holds a total of 158,400 Bitcoins, with a total cost of $4.69 billion, equivalent to $29,586 per Bitcoin.

The company reported a total revenue of $129.5 million for the third quarter, representing a 3% year-over-year growth. Software license revenue was $45 million, marking a 16% year-over-year increase, and subscription services revenue amounted to $21 million, showing a 28% year-over-year growth.

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