The strategy (MSTR) has expanded its bitcoin
The holdings with the purchase of additional 705 BTC for approximately $ 75 million, which carries the total Bitcoin Holdings of the company to 580,955 BTC.
This last acquisition was made at an average price of $ 106,495 per Bitcoin, which adjusts the company’s general purchase price to $ 70,023 per Bitcoin.
To finance this purchase, the strategy used a series of capital offers in the market (ATM), which are based on classes of perpetual preferred shares Strk and Strf.
Between May 26 and June 1, the company raised capital selling 353,511 preferred shares for $ 36.2 million and 374,968 shares of preferred shares for $ 38.4 million.
At the current market price of $ 104,000 per Bitcoin, the company’s Bitcoin Bitcoin holdings are now valued at approximately $ 60 billion, which reinforces its position as the largest corporate head of Bitcoin and underlines its continuous commitment with Bitcoin as a central treasure asset.