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MicroStrategy Inc. said Monday it purchased about 20,356 bitcoins between Feb. 18 and Feb. 23 using the roughly $1.9 billion raised through
a zero-coupon convertible bond offering last week.
As of Feb. 24, the business-software company and cryptocurrency play MSTR, now doing business as Strategy, held about 499,096 bitcoins, which it acquired at an aggregate purchase price of about $33.1 billion and an average purchase price of about $66,357 per bitcoin.
