Just out of the strategy conference last week, Strategy (MSTR) has resumed its accumulation of Bitcoin (BTC), buying additional 13,390 BTC. The company spent approximately $ 1.34 billion at an average price of $ 99,856 per Bitcoin, according to a presentation published on Monday.
This last acquisition carries the total Bitcoin holdings of the strategy to 568,840 BTC, now with a value of more than $ 59 billion depending on the current price of Bitcoin of around $ 104,000. The average purchase price throughout the company’s battery has now adjusted to $ 69,287.
The purchase was financed through two capital collection mechanisms: an offer in the market (ATM) of its common class A shares, and the issuance of shares of its preferred Strk series. Between May 5 and 11, the company raised $ 1.31 billion through the sale of common shares and issued 273,987 shares of the preferred shares series.
Mstr’s shares are operated by 2% higher in the hours prior to the market.