Strategy (Mstr) has expanded its Bitcoin
Holdings with the purchase of an additional 705 BTC for about $ 75 million, bringing the company’s total Bitcoin stocks to 580,955 BTC.
This latest acquisition was made at an average price of $ 106,495 per year. Bitcoin, which adjusts the company’s total average purchase price to $ 70,023 per Bitcoin.
To finance this purchase, strategy used a number of shares (ATM) equity offerings that deduct from the eternal preferred share prices STRK and STRF.
Between May 26 and June 1, the company raised capital by selling 353,511 shares of STRK preferred stock for $ 36.2 million and 374,968 shares in StrF preferred share for $ 38.4 million.
At the current market price of $ 104,000 per Bitcoin is appreciated the company’s total Bitcoin stocks now to approx. $ 60 billion, strengthening its position as the largest business owner of Bitcoin and emphasizing his continued commitment to Bitcoin as a core state of the box.
