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Strategy acquires 2,932 Bitcoin at $90,000

Crypto Briefing
Strategy purchased 2,932 Bitcoin for $264 million, increasing its total holdings to 712,647 BTC.

Summary

Bitcoin proxy Strategy announced the acquisition of 2,932 BTC between January 20 and January 25 for approximately $264 million, averaging $90,061 per coin. This purchase raises Strategy's total Bitcoin holdings to 712,647 BTC, currently valued at $62.5 billion. The acquisitions were funded through net proceeds from selling its securities under an at-the-market (ATM) offering program, which included the recent sale of 70,201 STRC shares and over 1.6 million MSTR shares. This action aligns with Strategy's core financial strategy, directed by Saylor, to continuously accumulate Bitcoin as its main treasury reserve asset.

(Source:Crypto Briefing)