3 hours ago
Strategy (MSTR) marginally added to its monolithic bitcoin (BTC) holdings, selling a humble magnitude of its preferred banal (STRK) to money the acquisition.
The institution past week purchased 130 bitcoin for astir $10.7 million, oregon an mean terms of $82,981 each, according to a Monday greeting filing. The alleged "BTC yield" is 6.9% year-to-date, according to Strategy.
Company holdings are present 499,226 bitcoin acquired for a full of $33.1 billion, oregon an mean outgo of $66,360 per token.
This latest acquisition was funded by the merchantability of 123,000 shares of STRK, which generated astir $10.7 cardinal of nett proceeds. Strategy past week announced a mammoth $21 cardinal at-the-market offering of that preferred stock. Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, see CoinDesk’s afloat AI Policy.
English (US) 