MicroStrategy bought nearly $600M bitcoin in less than 1 month

MicroStrategy continues to buy bitcoin. The company announced in an 8K filing on Thursday that it had bought roughly $593 million worth of bitcoin throughout the month of November. 

From Nov. 1 to Nov. 29, the company bought 16,130 bitcoin along with its subsidiaries. The average price works out to be nearly $36,000. 

The company now holds roughly 174,530 bitcoin, worth roughly $5.2 billion at a purchase price of $30,000.

Prior to the November buys, MicroStrategy disclosed a huge buy back in June when it bought 12,000 bitcoin over a span of two months at an average price of $28,136 per bitcoin. 

The price of bitcoin (BTC) took a dip following the 8K disclosure, though the price is…

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