Strategy Finances $110 Million Bitcoin Purchase Without Selling MSTR Shares

Michael Saylor's Strategy continues to expand its Bitcoin holdings, acquiring over 1,000 BTC while maintaining its MSTR share position, showcasing its investment strategy.

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Summary

Michael Saylor's Strategy (MSTR) added 1,045 Bitcoin for $110.2 million, raising its average purchase price to $70,086 per coin. The acquisition was funded entirely through at-the-market sales of STRK and STRF preferred stocks, while Bitcoin's current value is approximately $62.5 billion. MSTR stock rose 2% in premarket trading as Bitcoin increased from $105,000.

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