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🟠 Michael Saylor’s strategy added 13,927 Bitcoin to $1 billion
Michael Saylor’s strategy ( MSTR ) added 13,927 Bitcoin to its treasury last week at an approximate price of $71,902 per coin, with a total cost of around $1 billion, according to Monday’s filing.
The purchase brings the company’s total holdings to 780,897 Bitcoin, acquired for about $59.02 billion, with an average cost basis of $75,577.
The acquisitions last week were fully funded through $1 billion raised from the company’s preferred stock sales, Stritch ( STRC ).
The current Bitcoin price stands just below $71,000, while MSTR shares are down more than 2.5% in pre-market trading.
#BTC | #Bitcoin | #MichaelSaylor | $BTC #CryptoMarketsDipSlightly
Michael Saylor’s Strategy (MSTR) added 13,927 bitcoin to its treasury over the past week at an average price of about $71,902 per coin, for a total cost of roughly $1 billion, according to a Monday filing.
The purchase brings the company’s total holdings to 780,897 BTC, acquired for approximately $59.02 billion at an average cost basis of $75,577.
Last week’s acquisitions were entirely funded by $1 billion raised through sales of the company’s preferred stock, Stretch (STRC).
The current price of bitcoin is hovering just below $71,000, while MSTR shares are down more than 2.5% in pre-market trading.
#BTC | #Bitcoin | #MichaelSaylor | $BTC