MicroStrategy purchased 301 BTC worth $6 million.

The American company MicroStrategy bought an additional 301 BTC for $6 million, as mentioned in the report submitted by the SEC.

MicroStrategy is the largest provider of analytics software and cloud services. The company has adopted bitcoin as its primary backup asset and has been systematically buying it up. The company’s founder and ex-CEO Michael Saylor said that purchases were made between August 2 and September 19 at an average price of $19,851 per BTC. MicroStrategy’s previous investment in the first cryptocurrency was in June, when the firm acquired 480 BTC worth about $10 million. 

Taking into account the last acquisition, MicroStrategy owns 130 thousand BTC ($2.5 billion at the rate of $19.2 thousand on September 20), for which it paid a total of $3.98 billion. The average price of all purchases of the coin is $30.6 thousand.

On September 9 the company also announced plans to sell shares worth up to $500 million. The funds may be used to purchase cryptocurrency.