Michael Saylor Strategy (MSTR) bought $330 million worth of bitcoin last week

Michael Saylor Strategy (MSTR) added 4,871 bitcoins to its treasury over the past week at an average price of around $67,718 per coin, spending around $329.9 million, according to a filing Monday.

The purchase brings the total holdings to 766,970 BTC acquired for $58.02 billion at an all-in average cost of $75,644. At bitcoin’s current price near $69,120, the total position is underwater by about 8%, or about $5 billion in unrealized losses on paper.

Last week’s purchases were primarily funded by the sale of the company’s STRC preferred stock, amounting to $227.3 million. The rest was financed by $72 million in common stock sales.

A CryptoQuant report last week reported Strategy’s 30-day accumulation at around 44,000 BTC through the end of March, making it one of only two institutional channels absorbing supply at scale alongside spot ETFs, which purchased around 50,000 BTC during the same period.

With 766,970 BTC, Strategy holds approximately 3.8% of Bitcoin’s total circulating supply of 20.01 million coins and remains by far the largest company holding the asset.

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