Strategy (MSTR) continued with its customary bitcoin purchases in the last week, adding 2,486 BTC for $168.4 million.
The company’s holdings are now 717,131 bitcoin acquired for $54.52 billion, or an average of $76,027 per coin. Bitcoin’s current price sits at $68,000, putting the company at a loss of about $8,000 per coin, or a total of about $5.7 billion.
Last week’s buys were funded via $90.5 million in common stock sales and $78.4 million in sales of the company’s STRC preferred series of stock, according to a Tuesday morning filing.
MSTR shares are lower by 3.2% in premarket trading and down more than 60% year-over-year.
www.coindesk.com
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