Strategy Acquires 196 Bitcoin for $22.1 Million

Strategy (MSTR) purchased 196 BTC for $22.1 million.
Total BTC holdings now stand at 640,031.
The recent acquisition price was $113,048 per bitcoin, increasing the company's average purchase price to $73,983.
Funding for the acquisition came from issuing common stock via an ATM program and perpetual preferred stock.
MSTR shares rose 2.5% in pre-market trading, aligning with a slight increase in bitcoin's price to $112,000.