What to know : Strategy (MSTR) added 2,486 bitcoin for $168.4 million in the last week. The company's holdings now foot to 717,131 BTC acquired for $54.52 billion, or $76,027 per coin — substantially below the current price of $68,000. Last week's buys were funded via common stock sales and the sale of the STRC preferred series.
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.
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