The strategy, previously Microstrategy, (MSTR) resumes the purchases of BTC, takes holdings to 478,740 BTC

Discharge of responsibility: The analyst who wrote this piece has Strategy (MST) actions.

The strategy (MSTR) increased its Bitcoin (BTC) holdings to 478,740 BTC after last week with the purchase of $ 742.4 million in the largest cryptocurrency

Tysons Corner, Virginia Company previously known as Microstrategy bought 7,633 BTC in the week that ended on February 9, executive president Michael Saylor published in X. The average purchase price was $ 97,255 per Bitcoin, which increased the general average purchase price to $ 65,033

The company did not buy any Bitcoin in the week that ended on February 2, most likely because it was observing a blackout period during its profit week. On February 6, the company reported a net loss of the fourth quarter of $ 3.03 per share, compared to the income of $ 0.50 per share the previous year.

According to the presentation of 8-K, Bitcoin’s purchases were made using the income of the sale of shares under the sales agreement and the perpetual preferred capital strike offer.

Saylor made fun of the purchase announcement once again on Sunday, as he has done in recent months: “Death to the blue lines. Long Live the Green Dots.”



Leave a Comment

Your email address will not be published. Required fields are marked *