Strategy Adds 7,390 BTC, Total Holdings Now Exceed $59 Billion
Strategy (MSTR) has deepened its commitment to bitcoin with a fresh purchase of 7,390 BTC, spending roughly $764.9 million at an average price of $103,498 per coin, according to a filing released Monday.
The company now holds 576,230 BTC in total, making it one of the largest corporate holders of the asset. At current market levels — around $103,000 per bitcoin — that stash is valued at close to $59 billion. The firm’s aggregate cost basis stands at $69,726 per bitcoin.
This latest buy was funded through a mix of equity moves: an at-the-market (ATM) sale of Class A common stock that raised $705.7 million and the issuance of 621,555 Series A STRK preferred shares between May 12 and May 18.
Bitcoin continues to trade near $103,000. Strategy’s stock (MSTR), however, is down over 1% in pre-market action.
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