Strategy Acquires 13,390 BTC for $1.34 Billion in Latest Purchase
Strategy (MSTR) has acquired an additional 13,390 BTC for approximately $1.34 billion, with an average purchase price of $99,856 per bitcoin. Key details include:
- Total bitcoin holdings now stand at 568,840 BTC, valued at over $59 billion.
- The average purchase price for all holdings is adjusted to $69,287.
- The acquisition was financed through an at-the-market offering of Class A common stock and the issuance of Series STRK preferred stock.
- Between May 5 and May 11, $1.31 billion was raised from these capital-raising activities.
- MSTR shares are trading 2% higher in pre-market hours.