Strategy Expands Bitcoin Holdings to 531,644 BTC with $285 Million Purchase
Strategy (MSTR) has once again increased its bitcoin reserve, adding 3,459 BTC for a total of $285.8 million, bringing its total holdings to 531,644 BTC.
The purchase was made at an average price of $82,618 per BTC, and the company’s overall bitcoin holdings now have a cumulative cost basis of $35.92 billion, with an average acquisition price of $67,556 per bitcoin.
This latest acquisition was funded through the sale of common stock. As a result, shares of Strategy have increased by 1% in premarket trading, in line with bitcoin’s continued price stability above $84,000.
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