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MicroStrategy’s Bitcoin-buying spree continues
Tysons business software company MicroStrategy Inc. (NASDAQ: MSTR) has purchased another load of Bitcoin, this time dropping $414.4 million for 7,002 units of the cryptocurrency. With the new purchase, MicroStrategy said it now holds roughly 121,044 bitcoins acquired at an aggregate purchase price of $3.57 billion, according to a Securities and Exchange Commission filing. The value of Bitcoin reached an all-time high of $69,400 per unit in early November, before falling over the Thanksgiving holiday.