Strategy (MSTR) continued its usual bitcoin purchases in the last week, adding 2,486 BTC for $168.4 million.
The company’s holdings are now 717,131 bitcoins acquired for $54.52 billion, or an average of $76,027 per coin. The current price of Bitcoin stands at $68,000, which represents a loss for the company of about $8,000 per coin, or a total of about $5.7 billion.
Last week’s purchases were funded through $90.5 million in sales of common stock and $78.4 million in sales of the company’s STRC preferred stock series, according to a filing Tuesday morning.
MSTR shares fell 3.2% in premarket trading and are down more than 60% year over year.
