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Strategy (MSTR) added 17,994 bitcoin last week, bringing total holdings to 738,731 coins

CoinDesk
Strategy (MSTR) purchased 17,994 more bitcoin last week for $1.28 billion, increasing its total holdings to 738,731 BTC.

Summary

Strategy (MSTR), led by Executive Chairman Michael Saylor, acquired an additional 17,994 bitcoin last week at an average cost of $70,946 per coin, totaling $1.28 billion. This purchase raises the company's total bitcoin holdings to 738,731 coins, which were acquired for an aggregate cost of $56.04 billion, averaging $75,862 per coin. The acquisition was primarily funded through $900 million in common stock sales, supplemented by $377 million from the sale of its STRC preferred stock series. At the time of the report, bitcoin was trading just under $68,000, and MSTR shares were slightly up in pre-market trading.

(Source:CoinDesk)