Strategy (MSTR) announced on Monday that it purchased 196 BTC for $22.1 million, bringing its total holdings to 640,031 BTC. The latest purchase was made at an average price of $113,048 per bitcoin, raising the company’s overall average purchase price to $73,983.
The acquisition was funded through the issuance of common stock via an at-the-market (ATM) program, as well as the issuance of perpetual preferred stock.
Shares of MSTR rose 2.5% in pre-market trading, moving in line with a slight increase in bitcoin’s price to $112,000.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Your day-ahead look for July 3, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
U.S. institutional demand had its worst month ever in June. Large holders absorbed the selling,…
Crypto ETF flows are starting to tell a more complicated story than simple risk-on or…
After dominating markets in 2026, AI-tied memory and semiconductor stocks are losing momentum, raising the…
Post ContentRead MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Spot ETFs had their strongest inflow day in two months, driven by funds other than…