Strategy Adds $555 Million In Bitcoin, Ups Stash To 538,200 BTC

Strategy (NASDAQ:MSTR) has acquired an additional 6,556 Bitcoin (CRYPTO: BTC) for approximately $555.8 million, according to a new SEC filing.

The purchase was made between April 14 and April 20, at an average price of $84,785 per Bitcoin including fees.

The move brings MicroStrategy’s total Bitcoin holdings to 538,200 BTC, acquired for a combined cost of $36.47 billion at an average price of $67,766 per coin.

The acquisition was funded via proceeds from the company’s ongoing at-the-market equity sales programs, raising $547.7 million through its MSTR common stock …

Full story available on Benzinga.com