09:21 AM EST, 11/25/2024 (MT Newswires) -- MicroStrategy ( MSTR ) said Monday that it purchased 55,500 bitcoins for $5.4 billion in cash, at an average price of $97,862 per bitcoin between Nov. 18 and Nov. 24.

As of Nov. 24, MicroStrategy ( MSTR ) owned 386,700 bitcoins, with a total purchase price of $21.9 billion and an average price of $56,761 apiece, the company said in a regulatory filing.

Shares of the company were up 4% in recent Monday premarket activity.

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