Disclaimer: The analyst who wrote this piece owns shares in Strategy (Mstr)

Strategy (Mstr) has purchased 7,390 BTC for approximately $ 764.9 million at an average price of $ 103,498 per year. Bitcoin, according to a filing Monday.

This latest acquisition increases the company’s total Bitcoin stocks to 576,230 BTC, now appreciated for approx. $ 59 billion based on the current market price of about $ 103,000 per year. Bitcoin. The average purchase price of the strategy’s entire Bitcoin position is now at $ 69,726

The acquisition was funded through a market (ATM) offering of its joint share, as well as the issuance of Serie A Strk -Publiced ​​Aktie. Between May 12 and May 18, the strategy raised $ 705.7 million from the sale of joint share and issued 621,555 shares in its STRK Performed share.

Bitcoin trades near $ 103,000, while shares in Mstr are more than 1% in trading before the market.