Michael Saylor's MicroStrategy (MSTR) purchased an additional 1,045 bitcoin (BTC) for a total of $23.9 million, or an average price of $28,016, between March 23 and April 4, according to a Securities and Exchange Commission filing.

This latest purchase brings the company's bitcoin holdings up to approximately 140,000, worth roughly $4 billion at the current price of $28,500. The overall average purchase price on those holdings is $29,803.

On March 27, MicroStrategy disclosed the purchase of 6,455 bitcoin for $161 million in the previous five weeks. At that time, the company also said it paid off what was left of its $205 million loan from failed Silvergate Bank.

MSTR is higher by 1.2% premarket alongside bitcoin's 1% overnight gain.

MicroStrategy Bitcoin Michael Saylor

Oliver Knight

Oliver Knight joined CoinDesk as a news reporter in April 2022. Before joining CoinDesk, Knight was the Chief Reporter at Coin Rivet for three years. Having graduated with a journalism degree from Birmingham City University, Knight went on to work at various sports publications before diving into the world of Bitcoin in 2014. He does not have any crypto holdings.