On December 22, MicroStrategy sold bitcoins from its corporate balance sheet for the first time. The company sold 704 BTC worth $11.8 million in order to get a tax break.
However, two days later, the company purchased another 810 BTC.
Former CEO Michael Saylor said the company had purchased 2,500 BTC since November 1.
Today, MicroStrategy’s bitcoin holdings are valued at 132,500 BTC.