MSTR reloads on BTC, acquires a further 1,229 BTC for $109 million
CoinDesk
MicroStrategy bought 1,229 Bitcoin for $108.8 million, increasing its total holdings to 672,497 BTC.Summary
MicroStrategy (MSTR), the largest publicly traded Bitcoin holder, resumed its purchases, acquiring an additional 1,229 BTC last week for $108.8 million, averaging $88,568 per coin. This purchase was funded by selling $108.8 million in common stock. The acquisition raises MSTR's total holdings to 672,497 BTC, which were acquired for $50.44 billion, resulting in an average purchase price of $74,997 per bitcoin. Following the announcement, MSTR shares were down 1% in premarket trading as Bitcoin slipped toward $87,000.
(Source：CoinDesk)