Michael Saylor · Strategy · Bitcoin · BitMine Immersion Technologies · Ethereum · CoinDesk
Strategy MSTR $ 128.86 made its first bitcoin purchases since late June
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The acquisition was funded via the sale of $602.8 of common stock, according to a Monday morning press release.
Key facts
- Led by Executive Chairman Michael Saylor, the company now holds 845,050 bitcoin purchased for $63.73 billion, or an average price of $75,412 each
- Strategy MSTR $ 128.86 made its first bitcoin purchases since late June, adding 4,603 coins for $369.7 million last week, or an average price of $80,318 each
- MSTR is up 1.65% pre-market as bitcoin trades at $78,400, up marginally from late Friday
- The acquisition was funded via the sale of $602.8 of common stock, according to a Monday morning press release
Summary
Strategy added 4,603 bitcoin last week, its first weekly purchases since late June. Shares are higher early Monday, with bitcoin trading around $78,400. Strategy MSTR $ 128.86 made its first bitcoin purchases since late June, adding 4,603 coins for $369.7 million last week, or an average price of $80,318 each. Led by Executive Chairman Michael Saylor, the company now holds 845,050 bitcoin purchased for $63.73 billion, or an average price of $75,412 each.