MicroStrategy now holds $5.3 billion in bitcoin after buying an additional 3,907 coins in the 3rd quarter

• MicroStrategy bought an additional 3,907 bitcoins for roughly $177 million between July 1 and August 23.
• $4The purchase brings the company's total holdings to 108,992 coins that were acquired at $2.918 billion.
• Shares of MicroStrategy fell 2.8% after the opening bell.

$4 said on Tuesday that it $4 approximately 3,907 $4 for roughly $177.0 million between July 1 and August 23.

Each bitcoin was purchased at an average price of $45,294, roughly 7% lower than current levels, but higher than the $4 of $37,849.

The purchase brings $4 company's total holdings of bitcoin to 108,992 coins that were acquired at an aggregate purchase price of $2.918 billion and an average price of $26,769 per bitcoin. The holdings are worth about $5.3 billion at bitcoin's current levels.

Saylor is one of the most vocal bitcoin bulls in the crypto industry and has previously said he$4 to invest $1.5 billion in the digital currency.

MicroStrategy's latest bitcoin purchase is $4, when it spent roughly $489 million to purchase an additional 13,005 bitcoin.

Bitcoin traded around $48,971 per coin Tuesday morning. The world's largest cryptocurrency is up nearly 5% over the last seven days and topped $50,000 for the first time since mid-May earlier this week.

Shares of MicroStrategy fell 2.8% after the opening bell.