Strategy (MSTR) Expands Bitcoin Holdings to 640,418 BTC With Latest Purchase

Strategy (MSTR), the largest publicly traded corporate holder of bitcoin, announced the purchase of 168 BTC at an average price of $112,051, financed by raising $18.8 million through issuing preferred shares and common stock. This latest acquisition increases MSTR's total bitcoin holdings to 640,418 BTC, valued at $71 billion, with an overall average acquisition cost of approximately $74,010 per coin. The news coincided with Bitcoin rebounding to $111,000, causing MSTR shares to gain 3% in pre-market trading, although the stock remains negative year-to-date compared to Bitcoin's 19% gain. Furthermore, the MSTR/BlackRock iShares Trust (IBIT) ratio has fallen to its lowest level since October 2024, indicating that the IBIT ETF has outperformed MSTR over the last year.

(Source：CoinDesk)