Strategy (MSTR) Acquires Additional Bitcoin, Boosts Holdings to Over $56 Billion
- Acquired 1,587 bitcoin for approximately $100 million.
- Total bitcoin holdings now stand at 846,842 BTC, valued at about $56 billion.
- The purchase was made at an average price of $63,024 per bitcoin between June 8 and June 14.
- Increased USD Reserve by $100 million to reach a total of $1.1 billion through common stock sales.
- Raised $209 million by selling approximately 1.73 million MSTR shares during the same period.
This strategic acquisition highlights the company’s commitment to expanding its bitcoin holdings while managing financial obligations through equity issuance rather than liquidating assets. The company remains the largest corporate holder of bitcoin, owning roughly four percent of the total supply.
With this latest purchase, Strategy’s average cost per bitcoin is approximately $75,656, totaling around $64 billion invested in bitcoin. The company’s shares rose by five percent in pre-market trading as bitcoin prices exceeded $66,000.
