Key Takeaways
- Strategy acquired 10,645 Bitcoin for $980 million, averaging $92,098 per coin.
- The company’s total Bitcoin holdings now reach 671,268 coins.
Strategy, the world’s largest corporate Bitcoin holder, announced Monday it spent roughly $980 million buying 10,645 Bitcoin last week, paying an average price of $92,098 per coin.
The company added over 10,600 BTC for the second week in a row. Its total Bitcoin holdings have now reached 671,268 coins, worth more than $60 billion at current market prices.
Strategy funded its latest Bitcoin purchase through its ATM program, primarily by selling MSTR common stock, with additional proceeds from sales of STRF, STRD, and STRK preferred shares, according to a new SEC filing.
Story in development.
Source: https://cryptobriefing.com/strategy-bitcoin-acquisition-update/
