Strategy Acquires 4,020 BTC for $427 Million
- Strategy, formerly MicroStrategy, purchased 4,020 BTC for $427.1 million.
- The average cost per Bitcoin was $106,237.
- Total Bitcoin holdings now stand at 580,250 BTC.
- The firm has acquired these holdings for a total of $40.16 billion.
- MSTR stock price is down over 7%, trading around $369 in pre-market.
Strategy’s recent purchase increases its total Bitcoin holdings to 580,250 BTC at an acquisition cost of $40.16 billion. Despite this acquisition, the MSTR stock price has declined by over 7%.
Source (2.6)https://coingape.com/strategy-acquires-4020-btc-for-427m-mstr-stock-price-down-7/?rand=24432
