#SaylorBTCPurchase The company led by Michael Saylor has invested $36.47 billion in bitcoin to date. MSTR shares rose by 2.77% in pre-market trading, with the price of BTC reaching $87,300.
The firm, the largest corporate shareholder of bitcoin, sold 1.76 million shares of its Class A common stock and over 91,000 shares of a series of preferred stock (STRK) between April 14 and April 20.
The sale of common stock generated $547.7 million, while the preferred stock added an additional $7.8 million. This latest acquisition raises Strategy's total holdings to 538,200 BTC, purchased at an average price of $67,766 per coin.