Strategy news: MSTR added 22,337 BTC last week, marking another mammoth purchase
CoinDesk
Strategy (MSTR) purchased an additional 22,337 bitcoin last week for $1.57 billion, increasing its total holdings to 761,068 BTC.Summary
Strategy (MSTR), the largest publicly traded bitcoin holder led by executive chairman Michael Saylor, announced another significant weekly purchase, adding 22,337 bitcoin worth $1.57 billion at an average price of $70,194 per coin. This purchase marks the company's fifth-largest weekly acquisition of coins, bringing its total holdings to 761,068 bitcoin, acquired at an average cost of $75,696 per coin. The acquisition was primarily funded through $1.1 billion in sales of the firm's STRC series of preferred stock, supplemented by $396 million in common stock sales. Following the news, MSTR shares rose 4% in pre-market trading as bitcoin traded around $73,600.
(Source：CoinDesk)