MicroStrategy (MSTR) said in a regulatory filing on Monday that it has raised $2.13 billion through the sale of 5.4 million shares between Dec. 2 and Dec. 8.
The share sale was part of an agreement announced on Oct. 30 for an up to $21 billion sale of shares from time to time, the business analytics software company said.
The company said that as of Dec. 8, it had $9.19 billion worth of shares remaining for sale.
MicroStrategy said that between Dec. 2 and Dec. 8, it used the sale proceeds to buy 21,550 bitcoins for $2.1 billion in cash at $98,783 per bitcoin. MicroStrategy said it holds 423,650 bitcoins as of Dec. 8.
Shares of the company were down 1.1% in recent Monday premarket activity.
Price: 390.81, Change: -4.20, Percent Change: -1.11
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