According to the documents submitted by MicroStrategy to the SEC, the details of its increase in holdings of 2,500 BTC were disclosed:

1. Between November 1, 2022 and December 21, 2022, MicroStrategy, through its wholly owned subsidiary MacroStrategy LLC (“MacroStrategy”), acquired approximately 2,395 bitcoins for approximately $42.8 million in cash, at an average price of approximately $17,871 per bitcoin.

2. On December 22, 2022, MacroStrategy sold approximately 704 bitcoins for approximately $11.8 million in cash proceeds, or an average price of approximately $16,776 per bitcoin, after deducting fees and expenses. MicroStrategy intends to carry forward capital losses resulting from this transaction against prior capital gains, provided that such carryforwards would result in a tax benefit under current federal income tax laws.

3. On December 24, 2022, MacroStrategy acquired approximately 810 bitcoins for approximately US$13.6 million in cash, with an average price of approximately US$16,845 per bitcoin.

MacroStrategy purchased BTC twice and sold it once, increasing its holdings by approximately 2,500 BTC in total.

According to Bitcoin Magazine, this is the first time MacroStrategy has sold BTC to obtain tax benefits. (Planet Daily)