Strategy Boosted Its Holdings by 245 Bitcoin Last Week

Strategy Adds 245 Bitcoin to Holdings, Bringing Total Stash Near $60B

Strategy (MSTR), the largest publicly traded company holding bitcoin, has expanded its crypto reserves with the purchase of an additional 245 BTC for approximately $26 million.

This latest acquisition lifts Strategy’s total bitcoin holdings to 592,345 BTC, valued at nearly $60 billion based on bitcoin’s current price of around $101,000. The company’s average purchase price across its entire bitcoin position now stands at $70,681 per BTC.

The purchase was funded through proceeds raised via an at-the-market (ATM) equity offering program for its preferred stock classes, STRK and STRF.

Shares of MSTR were down 2.1% in premarket trading as bitcoin continued to feel pressure following U.S. airstrikes on Iran over the weekend, even as traditional financial markets largely shrugged off the geopolitical tensions.

  • Related Posts

    Bitcoin trades above $71,000 while the dollar strengthens and oil and Treasury yields move higher.

    Bitcoin Holds Above $71,500 as Dollar Strength and Rising Yields Weigh on Equities Bitcoin traded above $71,500 on Friday, showing resilience even as a stronger U.S. dollar, higher Treasury yields…

    Continue reading
    The slide to $60,000 in bitcoin came first — now stocks are echoing the move.

    Bitcoin’s Fall to $60K May Have Signaled the Current Weakness in Global Stocks Bitcoin may once again have served as an early indicator for broader financial markets, dropping sharply weeks…

    Continue reading