Strategy Added 245 Bitcoin to Holdings Last Week

Strategy Added 245 Bitcoin to Holdings Last Week

Strategy (MSTR), the largest publicly listed company holding bitcoin BTC, has increased its holdings by an additional 245 BTC for $26 million.

This latest acquisition brings Strategy’s total bitcoin holdings to 592,345 BTC worth nearly $60 billion at bitcoin current price of about $101,000. The company’s average purchase price for its entire bitcoin position now stands at $70,681.

The fresh buys were financed through proceeds raised via the at-the-market (ATM) equity offering program for its preferred stock classes, STRK and STRF.

MSTR shares are lower by 2.1% premarket as bitcoin continues to reel from the weekend strikes against Iran even as traditional markets have mostly shrugged off the news.