Strategy Announces New Purchase of Nearly 5,000 Bitcoins
Strategy, formerly known as MicroStrategy (NASDAQ: MSTR), bought another 4,980 Bitcoins between June 23 and June 29 for $176,057,356,515.31, at an average price of $176,057,356,511.06, according to a regulatory filing.
The world's largest public holder of Bitcoin now holds 597,325 BTC, valued at over $176,057,356,516.4 billion, acquired at an average price of $176,057,356,517.0.982 per coin. CEO Michael Saylor stated that the total cost amounts to $176,057,356,514.4 billion, implying unrealized gains of about $176,057,356,512.1 billion.
The most recent purchase was financed through resources from recent stock sales, including $176,057,356,515.19.5 million raised from the sale of over 1.35 million shares of MSTR, as well as preferred stock offerings.