Strategy (MSTR) Increases Bitcoin Holdings with New Acquisition
In a recent move, Strategy (MSTR) has slightly expanded its already substantial bitcoin (BTC) portfolio by acquiring an additional 130 bitcoins for approximately $10.7 million. This purchase translates to an average price of $82,981 per bitcoin, as revealed in a filing submitted on Monday morning. The company’s bitcoin yield stands at an impressive 6.9% year-to-date, showcasing the effectiveness of its investment strategy.
With this latest acquisition, Strategy’s total bitcoin holdings have reached an astonishing 499,226 BTC, accumulated at a total investment of $33.1 billion, which averages out to $66,360 per token. This strategic purchase was financed through the sale of 123,000 shares of its preferred stock (STRK), generating roughly $10.7 million in net proceeds. Last week, Strategy also announced a significant $21 billion at-the-market offering of its preferred stock, highlighting its ongoing commitment to leveraging its financial resources for growth.
Disclaimer: Portions of this article were generated with the assistance of AI tools and have been reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, please refer to CoinDesk’s full AI Policy.
