MicroStrategy buys $100 million Bitcoin

CEO MicroStrategy Michael Saylor announced that the company bought 1,914 bitcoin, currently worth $90 million, for $94.2 million in cash at the average price of $49,229 per BTC between December 9th and December 29.

That brings their total holdings to 124,391 bitcoin, or 6.5% of the total supply, worth $5.9 billion at the current price.