#SaylorBTCPurchase On March 31, Bitcoin evangelist Michael Saylor's Strategy (Nasdaq: MSTR), formerly MicroStrategy, announced the acquisition of 22,048 Bitcoin worth $1.92 billion.

The company said that its Bitcoin purchases were made using proceeds from the common MSTR at-the-market (ATM), preferred STRK ATM, and STRF stock offerings.

The company said that its Bitcoin purchases were made using proceeds from the common MSTR at-the-market (ATM), preferred STRK ATM, and STRF stock offerings.

The MSTR was trading at $282, the STRK stock was trading at $84, and the STRF stock was trading at $92 in pre-market hours.

The recent purchase has been made between March 24 and March 30, with one Bitcoin costing the company $86,969.

As of March 30, Strategy now holds 528,185 Bitcoin worth around $35.63 billion, acquired at approximately $67,458 per Bitcoin.

Strategy, which has been acquiring Bitcoin since 2020, is converting its balance sheet into a Bitcoin reserve. The company is the world's largest corporate holder of Bitcoin.