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Strategy Buys 2,932 BTC, Taps MSTR and STRC for Latest Funding
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 ... (full story)