Strategy (MSTR), the largest company that is publicly listed in the Bitcoin holding
has increased its holdings by an additional 245 BTC for $ 26 million.
The latest acquisition brings Bitcoin total handling approach to 592,345 BTC worth nearly $ 60 billion at the current Bitcoin price of nearly $ 101,000. The company’s average purchase price for the entire Bitcoin position now stands at $ 70,681.
Fresh purchases are funded by the proceeds raised through the AT-the-Market (ATM) offer (ATM) offer program for the preferred stock classes, strk and strf.
MSTR shares are lower by the 2.1% premarket as Bitcoin continues to retreat from weekend strikes against Iran even though traditional markets are mostly backing down the news.
