Shares of MicroStrategy Inc. MSTR, +3.27% surged 6.6% in premarket trading Monday after the enterprise software and bitcoin holder disclosed that on Monday, it paid $15 million in cash to buy about 328 bitcoins. The company said it paid an average price of about $45,710 per bitcoin, including fees and expenses. Bitcoin was recently up 7.1% at $48,360 in early trading Monday. As of March 1, MicroStrategy said it has paid out $2.19 billion to buy about 90,859 bitcoins, at an average purchase price of about $24,063 per bitcoin. MicroStrategy’s stock has soared 131.6% over the past three months through Friday, while bitcoin has run up 156.3%, the SPDR S&P Software & Services ETF XSW, +2.19% has advanced 15.1% and the S&P 500 SPX, +1.44% has gained 4.1%.
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