Leading American technology company MicroStrategy reportedly bought 3,205 BTC between November 1st and December 24th.
The company sold 704 BTC on December 22 and this brought its total holdings to 132,251 BTC.
The largest BTC corporate holder is still committed to his bitcoin agenda of buying more major cryptocurrencies. It acquired 2,395 BTC for about $42.8 million, at an average price of around $17,871 per BTC between early November and December 21.
The firm sold 704 BTC on December 22 for almost $12 million to cover previous capital losses. On Christmas Eve, MicroStrategy bought an additional 810 BTC amounting to $13.6 million, bringing its total holdings to 132,251 BTC (equivalent to $2.2 billion at current prices).
Michael Saylor, Executive Chairman announced the news on his personal Twitter account stating that the organization spent a little over $4 billion overall.
Saylor also stated that the company intends to launch Bitcoin Lightning Network powered solutions and applications next year. It is rumored that MicroStrategy is exploring ways to integrate Lightning Network solutions. Thus, the company is able to enable users to process bitcoin transactions faster, cheaper and more efficiently.
