Business intelligence firm MicroStrategy has acquired 4,167 bitcoin (BTC) for around $190.5 million.

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According to a report published Tuesday, between February 15, 2022, and April 4, 2022, MicroStrategy bought 4,167 BTC through its subsidiary MacroStrategy, at an average price of around $45,714 per bitcoin.

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Since adopting Bitcoin as its primary treasury reserve asset in April 2020, MicroStrategy has acquired a total of 129,218 BTC worth around $6 billion at the time of writing. MicroStrategy CEO Michael Saylor has been bullish on bitcoin for years and has no plans on selling.

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In a recent interview on the PBD Podcast, Saylor explained bitcoin is magical because only 21 million tokens can ever be created, unlike other commodities: "I can create more real estate in New York City. I can create more cars. I can create more luxury watches. I can create more gold. I can create more shares of a stock. I can create more bonds," he said. "I can create any commodity; they're commodities by definition. Given enough money and time, I can create infinite of any of them."

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This comes just a week after MacroStrategy received a $215 million loan from Silvergate Bank “secured by certain Bitcoin held in MacroStrategy’s collateral account.” to buy more Bitcoin.

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