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

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.