245 Bitcoin Were Added to Strategy’s Portfolio Over the Past Week

Strategy Increases Bitcoin Holdings With $26M Purchase, Nears $60B in Value

Strategy (MSTR), the largest publicly traded corporate holder of bitcoin, has expanded its crypto portfolio by acquiring an additional 245 BTC, spending approximately $26 million on the latest purchase.

This new addition brings Strategy’s total bitcoin holdings to 592,345 BTC, which are valued at close to $60 billion at bitcoin’s current price of around $101,000. Across all its acquisitions, the company’s average cost per bitcoin stands at $70,681.

The recent purchase was funded through proceeds raised via an at-the-market (ATM) equity offering involving its preferred stock classes, STRK and STRF.

Despite the continued bitcoin accumulation, shares of MSTR fell 2.1% in premarket trading. Bitcoin remains under some pressure following U.S. airstrikes on Iran over the weekend, although broader financial markets appear to have largely shrugged off the geopolitical developments.