Strategy completed a $2 billion bitcoin acquisition in a landmark purchase last week

Michael Saylor’s Strategy continued to build its bitcoin position last week, acquiring 24,869 BTC in a transaction valued at approximately $2.01 billion.

The purchase was made at an average price of $80,985 per coin, lifting the company’s total holdings to 843,738 BTC. According to its latest SEC Form 8-K filing, Strategy has now invested roughly $64 billion in bitcoin, with an average acquisition cost of $75,700 per BTC.

The bulk of the latest покупки was funded through the issuance of the firm’s high-yield STRC preferred stock, alongside a smaller $83.7 million raised from common stock sales.

Despite the sizable investment, Strategy’s shares (MSTR) declined about 2.5% in premarket trading, tracking a modest dip in bitcoin prices, which were hovering near $77,700, slightly below Friday’s levels

  • Related Posts

    CoreWeave Rallies 16% as AI Infrastructure Revenue Reaches $2.58B

    CoreWeave Rallies 16% as AI Boom Drives $2.58B Revenue CoreWeave shares jumped 16% in premarket trading Wednesday after the AI infrastructure provider posted better-than-expected quarterly results and raised its revenue…

    Continue reading
    $1.78B Bitcoin Sell Pressure Builds as Overlooked Group Moves to Exit

    Public Bitcoin Miners Quietly Contribute $1.78B in Selling Pressure Publicly traded Bitcoin mining companies have become an overlooked source of BTC selling, adding meaningful supply to the market as Bitcoin…

    Continue reading