Strategy Buys 4,020 Bitcoin for $427M, Brings Total Stash to Over 580,000 BTC

Strategy (MSTR) has significantly increased its bitcoin holdings, now totaling 580,250 BTC after acquiring an additional 4,020 BTC for approximately $427 million. This purchase was financed through ongoing equity programs, during which the company sold shares worth nearly $348.7 million. Their total bitcoin investment has reached $40.61 billion, with an average purchase price of $69,979 per coin. This move highlights Strategy's commitment to its long-term bitcoin accumulation strategy; learn more about their approach and market position. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk