4 weeks ago
Disclaimer: The expert who wrote this portion owns shares of Strategy (MSTR)
Strategy (MSTR) has purchased 7,390 BTC for astir $764.9 cardinal astatine an mean terms of $103,498 per bitcoin, according to a filing connected Monday.
This latest acquisition increases the company’s full bitcoin holdings to 576,230 BTC, present valued astatine astir $59 cardinal based connected the existent marketplace terms of astir $103,000 per bitcoin. The mean acquisition terms of Strategy’s full bitcoin presumption present stands astatine $69,726
The acquisition was financed done an at-the-market (ATM) offering of its Class A communal stock, arsenic good arsenic the issuance of Series A STRK preferred stock. Between May 12 and May 18, Strategy raised $705.7 cardinal from the merchantability of communal banal and issued 621,555 shares of its STRK preferred stock.
Bitcoin is trading adjacent $103,000, portion shares of MSTR are down much than 1% successful pre-market trading.
English (US) 