Key dealers
- Strategy bought 22,048 Bitcoin for approximately $ 1.9 million between 24 and 30 March.
- The company’s total Bitcoin holding now amounts to 528 185 BTC, which makes it the largest business owner globally.
Micro Strategy, recently redirected itself as a strategy, said on Monday that it had acquired $ 22,048 Bitcoin worth approximately $ 1.9 billion between 24 and 30 March. The purchase was completed an average of $ 86,969 per coin.
The message Comes after Michael Saylor, strategy for strategy, suggested on an imminent Bitcoin purchase yesterday, a feature that often precedes an acquisition.
According to a Monday disclosure For SEC, Tysons, Virginia-based company funded its latest acquisition with revenue from Common ATM, STRK ATM and STRF offer.
As updated, during the week ended on March 30, the strategy sold 3,645,528 shares of its joint share, which generated $ 1.2 billion in the net profit. The company still has $ 2.3 billion in MRST shares available for emission and sales.
The Nasdaq-listed company also sold 213,807 shares of its 8.00% Serie A Perpetual Strike (STRK) preferred shares, which secured $ 18.52 million, by $ 20.97 billion in STRK shares still available.
Strategy’s offer of 8.5 million shares of its 10.00% Serie A Perpetual Strife (StrF) preferred shares, which were revealed earlier this month, also completed on March 25, according to the company. The company estimates that net income from this offer will be approximately $ 711 million.
The new purchase increases the company’s total Bitcoin holding to over 528,000 BTC, which strengthens its position as the world’s largest Bitcoin company holder.
According to Yahoo Finance dataStrategy (MSTR) shares closed almost 11% on Friday and traded about $ 277 in Monday’s before marketing session.
The performance of the stock is closely linked to Bitcoin’s price movements. Bitcoin deals to approximately $ 82,100 at press time, a decrease of 4.5% over the past week, per tradingview.