The purchase came as Bitcoin's price has been experiencing upward momentum, reaching a recent yearly high of over $38,300.
"On November 30, 2023, MicroStrategy announced that, during the period between November 1, 2023 and November 29, 2023, MicroStrategy, together with its subsidiaries, acquired approximately 16,130 bitcoins for approximately $593.3 million in cash, at an average price of approximately $36,785 per bitcoin, inclusive of fees and expenses."
"As the fourth Bitcoin halving quickly approaches and the first spot Bitcoin ETF approval by the SEC seems imminent, MicroStrategy continues its aggressive bitcoin investment strategy with no signs of slowing down."
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