4 hours ago
Led by Executive Chairman Michael Saylor, Strategy (MSTR) added modestly to its bitcoin holdings past week.
The institution purchased 1,895 BTC for $180.3 million, oregon an mean terms of $95,167 each, according to a Monday greeting SEC filing.
The buys were funded via income $128.5 cardinal of communal banal and $51.8 cardinal of STRK preferred stock. The communal banal merchantability notably utilized up the remainder of MSTR's 2024 $21 cardinal at-the-market offering. MSTR past week introduced a caller $21 cardinal ATM offering.
Strategy present holds 555,450 bitcoin purchased for $38.08 billion, oregon an mean terms of $68,550 each. At bitcoin's existent terms astir $94,000, the holdings are worthy northbound of $52 billion.
MSTR is little by 2.7% successful premarket action.
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