Bitcoin news (BTC): MSTR earns $ 500 million purchases


Strategy (Mstr)The largest company that is quoted in the stock market that Bitcoin has

It increased its BTC reserves buying 4,980 BTC for a total of $ 531.9 million last week.

This addition takes the total Bitcoin holdings of the strategy at 597,235 BTC purchased for $ 42.4 billion, or an average price of $ 70,982 each. At the current Bitcoin price of approximately $ 107,500, that battery is worth more than $ 64 billion.

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The strategy financed the purchase through $ 519 million sales of common shares along with approximately $ 59 million sales of shares preferred by Strk and Strf.

Mstr’s shares increased 3.6% to $ 397.49.

UPDATE (June 30, 15:50 UTC): Add lead photo; Update the price of shares.



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