Strategy (Mstr) announced on Monday that it bought 196 BTC for $ 22.1 million, which brought its total holdings to 640,031 BTC. The latest purchase was made at an average price of $ 113,048 per Bitcoin, which raised the company’s total average purchase price at $ 73,983.
The acquisition was financed through the issuance of joint share via a market (ATM) program (ATM) and the issuance of eternal preferred stock.
Shares of Mstr rose 2.5% in trading before the market and moved in accordance with a slight increase in Bitcoin’s price to $ 112,000.
