Strategy (MSTR) Spends A Massive $2 Billion on More Bitcoin, Lifts Holdings to 843,738 BTC
Summary
Strategy has significantly expanded its Bitcoin treasury by purchasing 24,869 BTC for approximately $2.01 billion, at an average price of $80,985 per coin. This acquisition brings the firm's total holdings to 843,738 BTC, reaffirming its position as the world's largest corporate Bitcoin holder. The purchase was funded through the company's capital market strategies, including its STRC preferred equity product, and represents a notable acceleration in its accumulation pace following investor concerns about a recent slowdown.
(Source:Bitcoin Magazine)