Strategy Adds 1,895 Bitcoin, Total Holdings Reach 555,450 BTC
Strategy (MSTR) increased its bitcoin holdings by purchasing 1,895 BTC for $180.3 million, averaging $95,167 each, as reported in an SEC filing.
- The purchase was financed through the sale of $128.5 million in common stock and $51.8 million in STRK preferred stock.
- This stock sale utilized the remaining portion of MSTR's 2024 $21 billion at-the-market offering.
- MSTR announced a new $21 billion ATM offering last week.
- Currently, MSTR holds 555,450 BTC, acquired for $38.08 billion, averaging $68,550 each.
- At the current bitcoin price around $94,000, the total holdings are valued over $52 billion.
- MSTR shares fell by 2.7% in premarket trading.