Strategy Acquires 130 Bitcoin at $82,981 Each
- Strategy acquired 130 Bitcoin for $10.7 million between March 10 and March 16.
- The purchase was funded by selling series A preferred stock, generating $10.7 million in net proceeds.
- The average purchase price was $82,981 per Bitcoin.
- Total Bitcoin holdings now stand at 499,226 BTC, valued at over $41.6 billion.
- Strategy’s shares closed up 13% at around $297, with a year-over-year gain of over 77%.
Business intelligence firm Strategy resumed its Bitcoin acquisitions after a two-week pause, purchasing 130 BTC for $10.7 million. This acquisition brings their total holdings to over $41.6 billion in value.
Source (2.6)https://cryptobriefing.com/strategy-bitcoin-acquisition-stock-funding/?rand=59535
