Strategy Acquires 4,980 Bitcoin, Total Holdings Reach 597,235 Coins
Strategy (MSTR) increased its bitcoin (BTC) reserves by acquiring 4,980 BTC for $531.9 million last week.
- Total bitcoin holdings now stand at 597,235 BTC, purchased for $42.4 billion.
- Average purchase price per BTC is $70,982.
- Current value of holdings at approximately $107,500 per BTC is over $64 billion.
- The purchase was financed through $519 million in common share sales and $59 million from STRK and STRF preferred stock sales.
- MSTR shares rose 1.3% in premarket trading.