View full page at cryptocraft.com

 

Strategy Buys 2,932 BTC, Taps MSTR and STRC for Latest Funding

From parameter.io

Strategy continued its BTC acquisition but slowed down after two larger weeks, now purchasing 2,932 BTC for $264 million. The average purchase price reached $90,061 per BTC, pushing Strategy’s total BTC holdings to $54.19 billion. This marks a reduced pace compared to prior billion-dollar acquisitions. Strategy tapped its MSTR common stock and STRC preferred stock for this week’s purchase, raising a total of $264 million. Of this, $257 million came from its MSTR at-the-market (ATM) stock facility, while $7 million was raised through STRC. {tweet} The MSTR stock traded at $163.11, recovering slightly from recent lows ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis