6 hours ago
Strategy (MSTR), the largest publically traded institution holding bitcoin (BTC), accrued its BTC reserves by acquiring 4,225 BTC for a full of $472.5 cardinal past week.
This latest summation brings Strategy’s full bitcoin holdings to 601,550 BTC purchased for $42.87 billion, representing an mean acquisition terms of $71,268 per coin. At bitcoin’s existent marketplace terms of astir $121,500, the company’s BTC stack is valued astatine astir $73 billion.
Strategy financed the acquisition done $330.9 cardinal of nett proceeds from communal stock income nether its at-the-market program, on with $71.1 cardinal from STRK preferred shares, $55.3 cardinal from STRF preferred shares, and $15.0 cardinal from STRD preferred shares.
Altogether, these transactions generated $472.3 cardinal successful nett proceeds to money the latest bitcoin acquisition. MSTR shares roseate 2.50% percent to $445.
Public firms proceed BTC buys
Several different companies person besides disclosed caller bitcoin acquisitions connected Monday. Sequans (SQNS) purchased 683 BTC, bringing its full holdings to 1,053 BTC.
K33 (K33 AB) acquired 36 BTC and present holds 121 BTC, crossing the threshold of much than 100 bitcoin. Tao Alpha (SATS) bought its archetypal 28.56 BTC.
The Blockchain Group acquired 29 BTC, lifting its full reserves to 1,933 BTC. In addition, to Metaplanet's (3350) 797 BTC purchase.
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