Strategy Expands Bitcoin Holdings with $285 Million Purchase, Now Holding 531,644 BTC
Strategy (MSTR) has significantly increased its bitcoin holdings by acquiring an additional 3,459 BTC, bringing its total to 531,644 BTC. This purchase, worth $285.8 million, was made at an average price of $82,618 per BTC, as disclosed in a regulatory filing on Monday.
The company’s total bitcoin investment now stands at $35.92 billion, with an average acquisition price of $67,556 per bitcoin. The latest purchase was funded through the sale of common stock shares.
As a result of the increased holdings, Strategy’s stock saw a 1% gain in premarket trading, reflecting bitcoin’s stable performance above $84,000.
