MicroStrategy sold 571,001 shares to buy 7,002 bitcoins over last two months

MicroStrategy announced that between October 1 and November 29, it purchased 7,002 bitcoins for $414.4M in cash, at an average price of approximately $59,187 per bitcoin, inclusive of fees and expenses. As of November 29, MicroStrategy holds 121,044 bitcoins that were acquired at an aggregate purchase price of $3.57B and an average purchase price of approximately $29,534 per bitcoin, inclusive of fees and expenses. As previously disclosed on June 14, the company entered into an open market sale agreement with Jefferies, pursuant to which the company may issue and sell shares of its class A common stock, having an aggregate offering price of up to $1B from time to time. Between October 1 and November 29, MicroStrategy had issued and sold an aggregate of 571,001 shares under the sale agreement, at an average gross price per share of $732.16, for aggregate net proceeds of $414.4M.