Strategy Adds Additional $1.42B of Bitcoin With Latest Purchase

1 month ago

Disclaimer: The expert who wrote this portion owns shares of Strategy (MSTR)


Strategy (MSTR) added different 15,355 BTC to its equilibrium expanse implicit the past week, spending astir $1.42 cardinal connected the purchase, oregon an mean terms of $92,737 per bitcoin, according to a filing published connected Monday.

The company's bitcoin holdings person present risen to 553,555 BTC worthy much than $52 cardinal astatine bitcoin's existent terms conscionable northbound of $95,000. The mean acquisition terms for MSTR's full stack is $64,459 each.

This latest acquisition was funded done proceeds from the company's 2 at-the-market banal offerings, the filing noted. Between April 21 and April 27, Strategy sold implicit $4 cardinal worthy of its Class A communal banal and much than 435,000 shares of its preferred banal series, STRK.
According to the 8-K filing, lone $128.7 cardinal of the communal banal ATM programme remains, representing conscionable 0.6% of the archetypal $21 cardinal that began successful October 2024.

Shares of MSTR are up 1.5% successful pre-market trading alongside a humble emergence successful the terms of bitcoin since Friday afternoon.

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