1 day ago
Strategy (MSTR) has expanded its bitcoin BTC holdings with the acquisition of an further 705 BTC for astir $75 million, bringing the company’s full bitcoin holdings to 580,955 BTC.
This latest acquisition was made astatine an mean terms of $106,495 per bitcoin, which adjusts the company’s wide mean acquisition terms to $70,023 per bitcoin.
To money this purchase, Strategy utilized a bid of at-the-market (ATM) equity offerings, drafting from the perpetual preferred stock classes STRK and STRF.
Between May 26 and June 1, the institution raised superior by selling 353,511 shares of STRK preferred banal for $36.2 cardinal and 374,968 shares of STRF preferred banal for $38.4 million.
At the existent marketplace terms of $104,000 per bitcoin, the company's full bitcoin holdings are present valued astatine astir $60 billion, reinforcing its presumption arsenic the largest firm holder of bitcoin and underlining its continued committedness to bitcoin arsenic a halfway treasury asset.
English (US) 