Strategy Bought Nearly $1B in Bitcoin Last Week as Saylor's Company Returns to Big Purchases
CoinDesk
Strategy (MSTR) acquired 10,624 Bitcoin for $962.7 million last week, funded primarily through stock sales.Summary
Strategy (MSTR), the largest publicly traded company holding bitcoin, resumed making significant bitcoin purchases last week, acquiring 10,624 BTC for $962.7 million at an average price of $90,615 per coin. This acquisition was largely financed by selling $928.1 million in common stock and $34.9 million in STRD preferred stock. Following this purchase, MSTR's total bitcoin holdings stand at 660,624 coins, acquired for $49.35 billion, averaging $74,696 per coin. Executive Chairman Michael Saylor is currently meeting with sovereign wealth funds, banks, family offices, and hedge funds in the Middle East.
(Source：CoinDesk)