Strategy ($MSTR) Buys $168M in Bitcoin, Expands Holdings to 717,131 BTC
Bitcoin Magazine
Strategy purchased $168.4 million in Bitcoin, increasing its total holdings to 717,131 BTC at an average cost of $76,027.Summary
Strategy, the company led by Executive Chairman Michael Saylor, acquired an additional $168.4 million worth of Bitcoin last week, bringing its total reserves to 717,131 BTC. This entire position was accumulated at an average purchase price of $76,027 per coin, totaling $54.52 billion. With Bitcoin currently trading around $68,000, Strategy's holdings reflect an unrealized loss of approximately $5.7 billion. The recent purchase was financed through $90.5 million from common stock sales and $78.4 million from sales of its STRC preferred series. Strategy remains committed to accumulating Bitcoin as a long-term reserve asset, controlling nearly two-thirds of all Bitcoin held by public companies.
(Source：Bitcoin Magazine)