Michael Saylor, led, State (MSTR) brought his participation in Bitcoin above 500,000 tokens with additional purchases made last week.
The company bought 6,911 Bitcoin for $ 584.1 million, or an average cost of $ 84,529 per Token, according to a presentation on Monday morning.
That brought the company’s holdings to 506,137 BTC acquired for $ 33.7 billion, or an average cost of $ 66,608 each.
The strategy financed this last acquisition through the sale of 1,975 million common shares, which raised $ 592.6 million.
The company’s latest offer of the company’s favorite shares, $ 711 million, has only a price at the end of last week. To date, the strategy has sold 13,100 shares, raising $ 1.1 million, according to the presentation.
MSTR is higher in 4.8% in trade prior to trade along with a Bitcoin rally over the weekend to more than $ 87,000.
