The business intelligence entity has reportedly finalized the purchase of an additional sum of the major digital coin Bitcoin, regardless of the recent price fluctuations. 

Specifically, MicroStrategy reportedly completed the acquisition of 13,005 BTC at an average price of $37,617, for an accumulated figure of approximately $489 million.

June 21st report reportedly showed MicroStrategy’s Bitcoin balance sheet surging positively from the 100,000 benchmark, climbing up to 105,085 BTC currently in possession. 

With the existing BTC spot price, MicroStrategy’s Bitcoin holdings reportedly now has the overall value equivalent to $2.74 billion, which translates to an average of a bit more than $26,000 for every Bitcoin.

As included in the announcement, the firm reportedly disclosed that its MacroStrategy LLC subsidiary has in their possession 92,079 BTC of the total Bitcoin balance.

In June 2021, the company reportedly shared a $400 million debt raise to widen the scope of its Bitcoin treasury holdings. The junk bond offering suffered from oversubscription of up to four times, which led to the firm’s decision to ramp up the debt offering to $500 million.

Leaving out the most recent BTC acquisition, MicroStrategy reportedly has in their possession the highest Bitcoin amount on its balance sheet throughout a list of every publicly-listed establishment with BTC treasury. 

The development reportedly surfaced following a red day for Bitcoin and the crypto market overall, generally speaking. BTC price fell down to the $32,000 price mark, with Ether diving under $2,000 for the first time since late May.