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Bitcoin Acquisition Boosts MSTR Stock Price

Strategy Acquires 13,390 Bitcoin for $1.34 Billion

  • Strategy purchased 13,390 BTC for $1.34 billion between May 5 and May 11.
  • The average price per Bitcoin was $99,856.
  • Total Bitcoin holdings increased to 568,840 BTC, acquired at an average price of $69,287.
  • Strategy’s stock rose nearly 2% in pre-market trading to approximately $423.
  • The company’s stock has gained 43% year-to-date.

Strategy’s recent acquisition of 13,390 Bitcoin for $1.34 billion has increased its total holdings to 568,840 BTC. The company’s stock continues to perform well with a year-to-date increase of 43%.

Source (2.6)https://coingape.com/microstrategy-acquires-13390-bitcoin-for-1-34-billion/?rand=24432
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