Strategy Acquires 13,390 Bitcoin for $1.34 Billion

Strategy has acquired 13,390 Bitcoin, investing approximately $1.34 billion at an average price of $99,856 per coin. This follows its annual Strategy Conference.

Key points include:

Strategy's total Bitcoin holdings now stand at 568,840 BTC, valued over $59 billion at current prices around $104,000.
The average cost of its Bitcoin holdings is $69,287.
Funding for the purchase involved raising $1.31 billion through share sales and issuing 273,987 Series STRK preferred shares.
The stock sale occurred between May 5 and May 11.