Michael Saylor's Strategy Added 4,980 Bitcoin Last Week, Bringing Stack to 597,325 Coins

Strategy (MSTR), the largest publically traded institution holding bitcoin (BTC), boosted its BTC reserves by buying 4,980 BTC for a full of $531.9 cardinal past week.

This summation brings Strategy’s full bitcoin holdings to 597,235 BTC purchased for $42.4 billion, oregon an mean terms of $70,982 each. At bitcoin's existent terms of astir $107,500, that stack is worthy much than $64 billion.

Strategy financed the purchase done $519 cardinal of communal stock income alongside astir $59 cardinal of STRK and STRF preferred banal sales.

MSTR shares are up 1.3% premarket.