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