Disclaimer: The analyst who wrote this piece owns shares in Strategy (Mstr)
Strategy (MSTR) added another 15,355 BTC to its balance over the past week, spending about $ 1.42 billion on the purchase or an average price of $ 92,737 per year. Bitcoin, according to a filing that was published on Monday.
The company’s Bitcoin stocks have now risen to 553,555 BTC worth more than $ 52 billion at Bitcoin’s current award just north of $ 95,000. The average purchase price for Mstr’s total stack is $ 64,459 each.
This latest acquisition was funded through revenue from the company’s two share supply in the market, noted the archiving. Between April 21 and April 27, strategy sold over $ 4 million value of its Class A share and more than 435,000 shares of its preferred share series, Strk.
According to 8-K filing, there is only $ 128.7 million of the joint equity automatic program representing only 0.6% of the first $ 21 billion dollars that began in October 2024.
Shares of Mstr is up 1.5% in trading before the market along with a modest increase in the price of Bitcoin since Friday afternoon.