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#MicroStrategyAddsBTCFor1.28B
MicroStrategy (now known as Strategy) just dropped $1.28 billion on 17,994 BTC, bringing their total holdings to 738,731 BTC! 🚀 The average purchase price for this latest batch was around $70,946 per coin. Overall, they've spent $56.04 billion on Bitcoin, averaging $75,862 per coin.
*Key Details:*
- *Total BTC Holdings*: 738,731 BTC
- *Average Cost*: $75,862 per BTC
- *Latest Purchase*: 17,994 BTC for $1.28 billion
- *Funding*: Sales of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and common stock (MSTR)
Strategy's on a Bitcoin buying spree, leveraging equity sales to fuel their crypto accumulation strategy.
$BTC $GT $ETH