The strategy extends BTC Holdings with the last purchase of several billion dollars

Warning: The analyst who wrote this piece has shares of strategy (MSTR)

The strategy (MSTR) bought 7,390 BTC for around $ 764.9 million at an average price of $ 103,498 per Bitcoin, according to a file file.

This last acquisition increases the total Bitcoin assets of the company to 576,230 BTC, now valued at around $ 59 billion depending on the current market price of around $ 103,000 per Bitcoin. The average purchase price of the entire bitcoin position of the strategy is now $ 69,726

The purchase was funded by a market offer (ATM) of its ordinary class A shares, as well as the issue of privileged Strk Actions Strk A. between May 12 and 18, the strategy has lifted $ 705.7 million compared to the sale of ordinary shares and issued 621,55 Strk shares.

Bitcoin is negotiated nearly $ 103,000, while MSTR’s shares have dropped by more than 1% of trade before the market.

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