MicroStrategy Inc. purchased about 27,200 Bitcoin for around $2.03 billion, in one of the largest acquisitions of the digital asset by the crypto hedge-fund proxy. The enterprise software maker, whose corporate strategy includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. 10, according to a statement on Monday. The purchases were made using proceeds from the issuance and sale of stock.

MicroStrategy Inc. purchased about 27,200 Bitcoin for around $2.03 billion, in one of the largest acquisitions of the digital asset by the crypto hedge-fund proxy.The enterprise software maker, whose corporate strategy includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. 10, according to a statement on Monday. The purchases were made using proceeds from the issuance and sale of stock. 

MicroStrategy Buys $2.03 Billion of Bitcoin in Latest Purchase