Strategy, a company known for its aggressive Bitcoin acquisition strategy, recently added 22,048 BTC to its portfolio. This purchase cost them $1.92 billion, with an average price of $86,969 per Bitcoin. The company’s total Bitcoin holdings now stand at 528,185, acquired for a total of $35.63 billion. The average price paid for these Bitcoins is $67,458. At the current market price of around $82,000, Strategy’s Bitcoin holdings are valued at over $43 billion. The latest acquisition was primarily financed through the issuance of $1.2 billion in common shares. Additionally, Strategy utilized its STRK preferred share ATM for $18.52 million and closed a STRF preferred share offering, raising $711.2 million. Despite these significant moves, Strategy’s stock experienced a 4% decline in premarket trading, mirroring a 3% drop in Bitcoin’s price since the last market close.
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