The post BREAKING: Strategy Announces Biggest Bitcoin Purchase in Months appeared on BitcoinEthereumNews.com. Strategy (MicroStrategy) has acquired 10,624 BTC for $962.7 million at an average price of $90,615 per bitcoin.  The purchase has been financed with proceeds from common equity ATM (an “at-the-market-offering”) and STRD preferred sales Its total holdings to 660,624 BTC with an average acquisition cost of $74,696 per bitcoin. The December purchase is the largest in Q4, surpassing the Nov. 17 buy (8,178 BTC) and dwarfing the smaller weekly tranches (168–525 BTC in October/November). Bitcoin remains unmoved   However, the mammoth purchase has had little impact on the Bitcoin price, which is still sitting just below $92,000.  MSTR is up by 3% in pre-market trading following the recent announcement.  Source: https://u.today/breaking-strategy-announces-biggest-bitcoin-purchase-in-monthsThe post BREAKING: Strategy Announces Biggest Bitcoin Purchase in Months appeared on BitcoinEthereumNews.com. Strategy (MicroStrategy) has acquired 10,624 BTC for $962.7 million at an average price of $90,615 per bitcoin.  The purchase has been financed with proceeds from common equity ATM (an “at-the-market-offering”) and STRD preferred sales Its total holdings to 660,624 BTC with an average acquisition cost of $74,696 per bitcoin. The December purchase is the largest in Q4, surpassing the Nov. 17 buy (8,178 BTC) and dwarfing the smaller weekly tranches (168–525 BTC in October/November). Bitcoin remains unmoved   However, the mammoth purchase has had little impact on the Bitcoin price, which is still sitting just below $92,000.  MSTR is up by 3% in pre-market trading following the recent announcement.  Source: https://u.today/breaking-strategy-announces-biggest-bitcoin-purchase-in-months

BREAKING: Strategy Announces Biggest Bitcoin Purchase in Months

Strategy (MicroStrategy) has acquired 10,624 BTC for $962.7 million at an average price of $90,615 per bitcoin. 

The purchase has been financed with proceeds from common equity ATM (an “at-the-market-offering”) and STRD preferred sales

Its total holdings to 660,624 BTC with an average acquisition cost of $74,696 per bitcoin.

The December purchase is the largest in Q4, surpassing the Nov. 17 buy (8,178 BTC) and dwarfing the smaller weekly tranches (168–525 BTC in October/November).

Bitcoin remains unmoved  

However, the mammoth purchase has had little impact on the Bitcoin price, which is still sitting just below $92,000. 

MSTR is up by 3% in pre-market trading following the recent announcement. 

Source: https://u.today/breaking-strategy-announces-biggest-bitcoin-purchase-in-months

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