Enterprise software company MicroStrategy Inc. keeps swapping out its shares for more bitcoin.
The company, which has previously said it uses bitcoin as a primary Treasury reserve asset, disclosed Monday that it bought 8,957 bitcoins for $419.9 million in cash, including fees and expenses, between July 1 and Sept. 12. The average price paid for the bitcoin was $46,875, the company said.
Last month, the company had disclosed that between July 1 and Aug….
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