MSTR reloads on BTC, acquires another 1,229 BTC for $109 million

Strategy (MSTR), the largest publicly traded holder of bitcoin resumed purchases after increasing its US dollar reserves to $2.2 billion in the previous week.

The company acquired 1,229 bitcoins last week for $108.8 million at an average price of $88,568 per coin, according to a filing published Monday morning.

Total holdings rose to 672,497 BTC, acquired for $50.44 billion, representing an average purchase price of $74,997 per BTC. bitcoin.

The purchase was financed through the sale of $108.8 million in Class A shares.

MSTR shares fell 1% in premarket trading to $157 a share. stock, while bitcoin fell to around $87,000.

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