Strategy (MSTR) continued its usual bitcoin purchases last week, adding 2,486 BTC for $168.4 million.
The company’s holdings now stand at 717,131 bitcoins acquired for $54.52 billion, or an average of $76,027 per coin. The current price of Bitcoin stands at $68,000, which represents a loss of around $8,000 per coin for the company, or a total of around $5.7 billion.
Last week’s purchases were funded by $90.5 million in sales of common stock and $78.4 million in sales of the company’s STRC preferred stock series, according to a filing Tuesday morning.
MSTR shares are down 3.2% in premarket trading and more than 60% year over year.
