2 months ago
The Strategy (MSTR) bitcoin (BTC) acquisition instrumentality continued to rotation connected past week.
The institution added 22,048 BTC for $1.92 billion, oregon an mean terms of $86,969 each, per a Monday greeting filing. Total holdings are present 528,185 bitcoin purchased for $35.63 billion, oregon an mean terms of $67,458 each.
At the existent terms astir $82,000, those holdings are worthy much than $43 billion.
This latest acquisition appeared to beryllium funded mostly by further communal stock issuance, a full of $1.2 cardinal worthy successful the week ended March 30, according to the filing. Strategy besides tapped its STRK preferred stock ATM for $18.52 cardinal during the week.
The institution besides closed connected its STRF preferred stock offering past week, raising $711.2 million.
MSTR is little by 4% premarket alongside bitcoin's astir 3% diminution successful terms since the Friday adjacent of the banal market.
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