Strategy purchased $264 million in bitcoin last week, a slowdown from recent acquisition pace

Strategy (MSTR), led by Executive Chairman Michael Saylor, continued its bitcoin purchases last week, acquiring 2,932 BTC for $264.1 million, averaging $90,061 per coin. This acquisition pace is slower than the $1 billion-plus purchases made in the preceding two weeks. The company's total holdings now stand at 712,647 bitcoin, acquired for an aggregate cost of $54.19 billion, resulting in an average purchase price of $76,037 per coin. At a recent bitcoin price of $87,500, MSTR's total stack is valued at just over $62 billion. The funding for last week's purchases came almost entirely from common stock sales, supplemented by $7 million raised from the sale of its STRC series of preferred stock.

(Source：CoinDesk)