The American IT company Microstrategy has recently bought 7,002 bitcoin.

Microstategy is the American IT company that has made itself known for making large investments in bitcoin.

Now the company has made another purchase of the cryptocurrency, reports Cointelegraph.

$ 59,187 per coin

On Monday, the company’s CEO, Michael Saylor, announced that it had recently purchased 7,002 bitcoin at an average price of $ 59,187 per coin.

This gives a total price of the equivalent of just over SEK 3.7 billion.

To finance the purchase, they have sold shares in their own company worth the same amount.

Owns 121,044 bitcoin
In total, Microstrategy now owns approximately 121,044 bitcoin. These have been paid an average of 29,534 dollars for, writes Cointelegraph.

Given that the bitcoin price is currently at 56,820 dollars, according to figures from Bitstamp, the company has thus earned a real hack on its strategy.