Michael Saylor’s strategy (MSTR) continued to increase bitcoin holdings last week, but at a greatly reduced pace from recent previous purchases.
The leading bitcoin treasury company last week added 1,031 bitcoins for a total price of $76.6 million, or $74,326 per coin.
Strategy’s total holdings now stand at 762,099 BTC, acquired for approximately $57.69 billion, or an average price of $75,694 each.
The new purchases were financed entirely through the sale of common stock, according to a Monday filing.
This latest acquisition was on a greatly reduced scale compared to the previous two weeks, when the company bought more than $1 billion in bitcoin by taking advantage of the issuance of its STRC preferred shares.
Bitcoin is currently trading around $70,000. MSTR shares are higher by 1.7% in premarket trading.
