Strategy, former Microstratey, (Mstr) resumes BTC purchases, taking possessions to 478,740 BTC

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

Strategy (Mstr) increased its Bitcoin (BTC) Holdings to 478.740 BTC after last week’s break with the purchase of $ 742.4 million worth of the largest cryptocurrency

Tysons Corner, Virginia Company, formerly known as Microstratey, bought 7.633 BTC during the week ended February 9, performing chairman Michael Saylor, who was published on X. The average purchase price was $ 97,255 per year. Bitcoin, which raised the total average purchase price for $ 65,033

The company did not buy any Bitcoin in the week ending February 2nd, probably because it observed a blackout period during its earnings week. On February 6, the company reported a net loss in the fourth quarter of $ 3.03 per year. Share compared to an income of $ 0.50 per Stock a year earlier.

According to the 8-k archiving, Bitcoin purchases were made using revenue from the sale of shares under the sales agreement and the eternal preferred equity offering of Strike (STRK).

Saylor teased the purchase message again on Sunday, as he has done in the last few months: “Death to the blue lines. Long live the green dots.”

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