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Strategy Scoops Up 3,459 More BTC, Now Holds 531,644 BTC
Company boosts total holdings to 531,644 BTC following latest $285 million purchase.
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).
Strategy (MSTR) added another 3,459 BTC to its holdings last week, bringing its total bitcoin stash to 531,644 BTC.
According to a regulatory filing on Monday morning, the company purchased the additional bitcoin for $285.8 million, at an average price of $82,618 per BTC.
In total, Strategy now holds 531,644 BTC, acquired for a cumulative $35.92 billion, at an average cost of $67,556 per bitcoin.
The latest acquisition was funded through the sale of shares of common stock.
Shares of MSTR are up 1% in premarket trading, tracking bitcoin's steady price above $84,000.
