Strategy Increases Bitcoin Holdings by 3,459 BTC, Now Owning 531,644 BTC.
Strategy Acquires 3,459 BTC for $285 Million, Boosting Total Holdings to 531,644 BTC
Strategy (MSTR) has expanded its bitcoin reserves, purchasing an additional 3,459 BTC for $285.8 million, bringing its total holdings to 531,644 BTC. The acquisition was made at an average price of $82,618 per bitcoin, according to a filing released on Monday.
With this latest buy, the company’s overall bitcoin holdings now total $35.92 billion, at an average price of $67,556 per BTC. The funds for this purchase were raised through the sale of common stock shares.
The company’s stock saw a modest 1% increase in premarket trading, in line with the steady price of bitcoin above $84,000.
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