Strategy (Mstr) has acquired another 4,020 Bitcoin
For approx. $ 427 million, pushing its total holdings to 580,250 BTC, the company said.
The latest acquisition was funded through three ongoing stock programs on the market (ATM) according to a press release.
Between May 19 and May 25, strategy sold 847,000 shares of its joint share (MSTR) for $ 348.7 million, 678,970 shares of STRK preferred for $ 67.9 million and 104,423 shares of STRF preferred shares for $ 10.4 million.
These offers with a total capacity of almost $ 45 billion are part of the company’s long-term Bitcoin accumulation strategy.
At an average purchase price of $ 106,237 per Coin for the latest Tranche, the company’s total Bitcoin investment is now $ 40.61 billion with an average purchase price of $ 69,979.