Strategy added another 520 Bitcoin to its corporate treasury between June 15 and June 21, spending approximately $35 million at an average purchase price of around $67,000 per Bitcoin, according to a filing on Monday.
The latest purchase was funded through proceeds from the company’s ongoing at-the-market (ATM) equity offerings. Last week, it sold 2.7 million Class A shares, raising over $335 million in net proceeds, while making no sales of its preferred stock offerings.
Strategy now holds 847,363 BTC, acquired for $64.1 billion at an average purchase price of $75,651 per Bitcoin. The stash is valued at nearly $55 billion at current market prices.
This is a developing story.
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