Strategy adds more BTC to its balance

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

Strategy (Mstr) added another 3,459 BTC to its holdings last week, bringing its total Bitcoin -Stash to 531,644 BTC.

According to a regulatory archiving Monday morning, the company bought the extra bitcoin for $ 285.8 million at an average price of $ 82,618 per year. BTC.

In total, strategy has now 531,644 BTC, acquired for a cumulative $ 35.92 billion at an average cost of $ 67,556 per year. Bitcoin.

The latest acquisition was funded through the sale of shares of joint shares.

Shares of MSTR have risen 1% in trade in Premarket, tracking Bitcoin’s stable price over $ 84,000.

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