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Strategy Inc. (NASDAQ:MSTR) bought 535 Bitcoin (CRYPTO: BTC) for $43 million at $80,340 per coin, bringing total holdings to 818,869 BTC.
Back To Work After Brief Pause
The purchase marks Strategy’s return to weekly buys after pausing the week prior ahead of Q1 earnings.
Executive Chairman Michael Saylor shared an update on Strategy’s bitcoin acquisition tracker and stated “Back to work.”
That brings Strategy’s total Bitcoin position to more than 3.9% of the 21 million supply cap.
The company now holds roughly $4.6 billion in paper gains at current prices after buying Bitcoin at an average cost of $75,540 per coin and spending around $61.9 billion, including fees and expenses.
STRC Preferred Stock Driving Recent Buys
The company funded the latest acquisitions through at-the-market …
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