Strategy Adds $26M Worth of Bitcoin, Total Holdings Approach $60B
Strategy (MSTR), the largest publicly traded firm with significant bitcoin exposure, has expanded its crypto holdings by purchasing an additional 245 BTC for approximately $26 million.
Following this acquisition, the company’s total bitcoin stash now stands at 592,345 BTC, valued at nearly $60 billion based on bitcoin’s current price of around $101,000. The average price paid across all of Strategy’s bitcoin purchases is $70,681 per BTC.
The recent buy was financed through proceeds from an at-the-market (ATM) equity offering tied to its preferred stock classes, STRK and STRF.
Despite the ongoing accumulation, MSTR shares slipped 2.1% in premarket trading as bitcoin prices remained under pressure in the aftermath of U.S. airstrikes on Iran over the weekend. Broader markets, however, showed limited reaction to the geopolitical tensions.
