company added 2,486 bitcoin last week

Strategy (MSTR) continued its usual bitcoin buying this past week, adding 2,486 BTC for $168.4 million.

The company’s holdings are now 717,131 bitcoins acquired for $54.52 billion, or an average of $76,027 per coin. Bitcoin’s current price sits at $68,000, giving the company a loss of about $8,000 per coin, or a total of about $5.7 billion.

Last week’s purchase was funded through $90.5 million in sales of common stock and $78.4 million in sales of the company’s STRC preferred series of stock, according to a Tuesday morning filing.

MSTR shares are down 3.2% in premarket trading and are down more than 60% year-to-date.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top