1 month ago
Strategy (MSTR) announced connected Monday that it purchased 196 BTC for $22.1 million, bringing its full holdings to 640,031 BTC. The latest acquisition was made astatine an mean terms of $113,048 per bitcoin, raising the company’s wide mean acquisition terms to $73,983.
The acquisition was funded done the issuance of communal banal via an at-the-market (ATM) program, arsenic good arsenic the issuance of perpetual preferred stock.
Shares of MSTR roseate 2.5% successful pre-market trading, moving successful enactment with a flimsy summation successful bitcoin’s terms to $112,000.
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