Strategy (Mstr) Continue to add to its bitcoin Stash last week, though relatively small purchase.
The company said this Monday Buy another 850 btc For $ 99.7 million, it increases its total handling to 639 ,, 825 coins. This purchase was made at an average price of $ 117,344 per Bitcoin, which raised the overall average purchase price of the company to $ 73,971.
This latest acquisition is funded by releasing perpetual preferred stock and standard stock at-the-market (Atm)Even about 80% of that fund is by standard stock sales.
MSTR shares drop 2.5% in the premarket trade next to a huge slide in bitcoin price at about $ 112,000.
