Strategy purchased more than $200 million in bitcoin last week
TL;DR
Strategy (MSTR) purchased 3,015 bitcoin for $204.1 million last week, increasing its total holdings to 720,737 BTC with an average price of $75,985 per coin. The company funded the buys through stock sales and other financial instruments.
What to know:
- Strategy purchased 3,015 bitcoin last week for approximately $204.1 million.
- The company now holds 720,737 bitcoin acquired for about $54.77 billion.
- The average purchase price across all holdings stands at roughly $75,985 per coin.
- Strategy purchased 3,015 bitcoin last week for approximately $204.1 million.
- The company now holds 720,737 bitcoin acquired for about $54.77 billion.
- The average purchase price across all holdings stands at roughly $75,985 per coin.
Strategy (MSTR), the world's largest publicly traded corporate holder of bitcoin, expanded its position last week by acquiring 3,015 BTC for approximately $204.1 million, or an average price of $67,700 each.
Bitcoin is trading at $66,000 on Monday morning, with MSTR shares flat in early action.
To fund the buys, Strategy raised roughly $229.9 million through common stock sales, along with $7.1 million in net proceeds of its Variable Rate Series A Perpetual Stretch Preferred Stock, STRC, according to a Monday filing.
Following the latest purchase, the company now holds 720,737 BTC acquired for roughly $54.77 billion, or an average price of approximately $75,985 per coin.
- Nasdaq asked the SEC to approve listing binary options tied to the Nasdaq-100 and its micro index, allowing traders to make yes-or-no bets on index moves.
- The proposed contracts, priced between 1 cent and $1, would pay a fixed amount if a specified condition is met and expire worthless if it is not, mirroring prediction-market mechanics.
- The move highlights how traditional exchanges and crypto platforms alike are adapting prediction-style trading formats within U.S. securities and derivatives regulations amid growing interest in event-based markets.
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