#SaylorBTCPurchase
Strategy buys another R$ 3,2 billion in Bitcoin and raises its reserve to 538,200 BTC
Strategy, the company with the largest Bitcoin reserve in the world, has further increased its balance sheet in the leading cryptocurrency by acquiring an additional 6,556 BTC, purchased for US$ 555.8 million (approximately R$ 3,2 billion).
According to the statement sent by the company to regulators this Monday (21), the purchase was financed through funds obtained via two stock offering programs in the market.
In total, 1.76 million Class A common shares and more than 91,000 preferred shares (STRK) were sold between April 14 and 20, which collectively generated US$ 555.5 million for the company.
With today's new purchase, Strategy (formerly known as MicroStrategy) raises its Bitcoin reserve to 538,200 BTC, acquired at an average price of US$ 67.766 per unit.