Strategy (MSTR), the largest corporate holder of bitcoin BTC$107,661.53, reported on Monday it purchased $45.6 million in BTC through last week, bringing its stash to 641,205 coins worth over $69 billion.
According to the firm’s filing, the company acquired 397 BTC at an average price of $114,771 last week. Strategy funded the purchase mostly via the sale of common stock, though small amounts of the company’s various preferred shares were also issued. A late weekend and Monday morning slide has the price of bitcoin trading below $108,000 at press time.
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