Strategy Incorporated (NASDAQ:MSTR) on Monday announced it has significantly expanded its cryptocurrency portfolio by acquiring 22,048 Bitcoin (CRYPTO: BTC) for $1.92 billion between March 24 and March 30 at an average price of $86,969 per BTC.
What Happened: As of March 30, the company now holds a total of 528,185 BTC, purchased at an average cost of $67,458 per coin, amounting to a total investment of approximately $35.63 billion.
This acquisition reinforces Strategy’s position as the largest corporate holder of Bitcoin, a title it has maintained through consistent investments in the digital asset.
The purchase was funded through Strategy’s at-the-market (ATM) offering programs, as detailed in a Form 8-K filing with the U.S. Securities and Exchange Commission on March 31.
During the same period, the company sold …
Full story available on Benzinga.com
Strategy Incorporated (NASDAQ:MSTR) on Monday announced it has significantly expanded its cryptocurrency portfolio by acquiring 22,048 Bitcoin (CRYPTO: BTC) for $1.92 billion between March 24 and March 30 at an average price of $86,969 per BTC.
What Happened: As of March 30, the company now holds a total of 528,185 BTC, purchased at an average cost of $67,458 per coin, amounting to a total investment of approximately $35.63 billion.
This acquisition reinforces Strategy’s position as the largest corporate holder of Bitcoin, a title it has maintained through consistent investments in the digital asset.
The purchase was funded through Strategy’s at-the-market (ATM) offering programs, as detailed in a Form 8-K filing with the U.S. Securities and Exchange Commission on March 31.
During the same period, the company sold …
Full story available on Benzinga.com
Strategy Incorporated (NASDAQ:MSTR) on Monday announced it has significantly expanded its cryptocurrency portfolio by acquiring 22,048 Bitcoin (CRYPTO: BTC) for $1.92 billion between March 24 and March 30 at an average price of $86,969 per BTC.
What Happened: As of March 30, the company now holds a total of 528,185 BTC, purchased at an average cost of $67,458 per coin, amounting to a total investment of approximately $35.63 billion.
This acquisition reinforces Strategy’s position as the largest corporate holder of Bitcoin, a title it has maintained through consistent investments in the digital asset.
The purchase was funded through Strategy’s at-the-market (ATM) offering programs, as detailed in a Form 8-K filing with the U.S. Securities and Exchange Commission on March 31.
During the same period, the company sold …Full story available on Benzinga.com Read More$BTC, Cryptocurrency, MSTR, News, Stories That Matter, Top Stories, MSTR, US5949724083, $BTC, News, Cryptocurrency, Top Stories, Benzinga News
