The Strategy (MSTR) bitcoin (BTC) acquisition machine continued to roll on last week.
The company added 22,048 BTC for $1.92 billion, or an average price of $86,969 each, per a Monday morning filing. Total holdings are now 528,185 bitcoin purchased for $35.63 billion, or an average price of $67,458 each.
At the current price around $82,000, those holdings are worth more than $43 billion.
This latest purchase appeared to be funded mostly by additional common share issuance, a total of $1.2 billion worth in the week ended March 30, according to the filing. Strategy also tapped its STRK preferred share ATM for $18.52 million during the week.
The company additionally closed on its STRF preferred share offering last week, raising $711.2 million.
MSTR is lower by 4% premarket alongside bitcoin’s roughly 3% decline in price since the Friday close of the stock market.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
State-linked Fars News reported that Iran’s economy ministry has been working on a plan to…
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might…
Hyperliquid's HYPE token rallied 7% over 24 hours after Trade.xyz launched the first pre-IPO perpetual…
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.Read MoreCoinDesk: Bitcoin, Ethereum,…
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research…
According to a recent on-chain study, the Bitcoin market has entered another crucial phase, driven…