Strategy Adds 3,459 BTC to Its Treasury, Raising Total to 531,644 BTC.

Strategy Expands Bitcoin Holdings with $285 Million Purchase, Totaling 531,644 BTC

Strategy (MSTR) has made another significant move in its bitcoin strategy, acquiring 3,459 BTC for a total of $285.8 million. This purchase raises the company’s total bitcoin holdings to 531,644 BTC, as reported in a recent regulatory filing.

The latest acquisition was made at an average price of $82,618 per bitcoin, bringing the cumulative cost of its bitcoin holdings to $35.92 billion, with an average purchase price of $67,556 per BTC.

To fund this latest buy, Strategy sold shares of common stock, and the company’s stock price has risen by 1% in premarket trading, mirroring the stable performance of bitcoin, which is holding steady above $84,000.

  • Related Posts

    LINK Rallies 7% Following $37M First-Day Inflow Into Grayscale’s Chainlink ETF

    Chainlink (LINK) Surges 7% as Grayscale’s Spot ETF Debuts in U.S. Chainlink’s native token, LINK, rallied 7% over the past 24 hours, outperforming most major cryptocurrencies as U.S. investors gained…

    Continue reading
    Bitcoin Trades Close to Production Costs Amid Narrowing Bull-Bear Range

    Bitcoin Trades Near Production Cost, Aligning With Difficulty Regression Model Bitcoin is currently tracking closely with the Difficulty Regression Model, according to Checkonchain. This model estimates the all-in sustaining production…

    Continue reading