Strategy news: MSTR purchased $90 million of bitcoin last week
CoinDesk
MicroStrategy bought 1,142 bitcoin for $90 million before last week's significant crypto price drop.Summary
MicroStrategy (MSTR), led by Executive Chairman Michael Saylor, acquired an additional 1,142 bitcoin for approximately $90 million, averaging $78,815 per coin. This purchase occurred early last week, seemingly before the major cryptocurrency price plunge that saw Bitcoin drop to as low as $60,000 later in the week. The acquisition was funded through the sale of common stock. Following this purchase, MicroStrategy's total holdings stand at 714,644 bitcoin, acquired for an aggregate cost of $54.35 billion, resulting in an average purchase price of $76,056 per coin.
(Source：CoinDesk)