Strategy Acquires 10,100 BTC, Total Holdings Now 592,100 BTC
Strategy (MSTR) has purchased an additional 10,100 BTC, funded primarily by its recent preferred stock offering (STRD). Key details include:
- Total bitcoin holdings now amount to 592,100 BTC, valued at approximately $63.3 billion at a market price of $107,000 per BTC.
- Average purchase price for the total BTC position is $70,666.
- The Series A Perpetual Stride Preferred Stock (STRD) issuance raised around $979.7 million in net proceeds from 11.76 million shares sold.
- Funding also included revenue from an at-the-market share sale program involving other preferred stock classes (STRK and STRF).
- MSTR shares are trading up 1.60% in pre-market hours.