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Over the past week, MSTR purchased another $100 million worth of Bitcoin, at a price of $63,000 per unit, totaling 1,587 bitcoins.
As of now, MSTR holds a total of 846,842 bitcoins.
At the same time, last week MSTR also increased its cash reserves by $100 million, bringing the total reserves to $1.1 billion, meaning MSTR raised a total of $200 million last week.
Is this a positive sign? Often, what we see is what they want us to see. If you are a short-term speculator, then their buying may not make you money. But if you are a long-term investor, traveling with them is definitely safer than sailing solo.