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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.
Authors credited by the source: James Van Straten
Published by Holder based on an external source.
