MicroStrategy (MSTR.US) increased its holdings by 1,914 Bitcoins worth over $ 94 million.

MicroStrategy (MSTR.US) bought 1,914 Bitcoins worth $ 94 million in December as Bitcoin rebounded from all-time highs a month ago. According to the data, the purchase period is from December 9 to 29. As of Wednesday, the company had more than 124,000 digital assets, with a total cost of $ 3.75 billion.

MicroStrategy will keep Bitcoin this year. MicroStrategy is known to be passionate about Bitcoin, and its founder, Michael Saylor, is also a huge fan of Bitcoin. According to data submitted this week, the average purchase price of bitcoin held by the company is around $ 30,159 per bitcoin. Bitcoin is currently trading around $ 47,500 and has fallen recently, but has risen over 60% this year.

When Saylor started buying Bitcoin he said it was another great investment. However, since Bitcoin's reputation has not changed, few companies have followed MicroStrategy's approach, and this investment remains problematic for experts.

In fact, the Bitcoin market in December was volatile, including a brief “flash crash” in the week of December, which caused Bitcoin to drop by 20%. Bitcoin hit an all-time high of nearly $ 69,000 last month, but has fallen sharply since then and could drop for a second consecutive month, making it less successful since May of last year.