Strategy Leverages STRK ATM to Purchase 130 More Bitcoin

Markets, Bitcoin, MicroStrategy The Michael Saylor-led firm now holds 499,226 BTC bought for a mean value of $66,360 per token. 

Strategy (MSTR) marginally added to its large bitcoin (BTC) holdings, promoting a modest quantity of its most well-liked inventory (STRK) to fund the acquisition.

The firm final week bought 130 bitcoin for roughly $10.7 million, or a mean value of $82,981 every, in line with a Monday morning filing. The so-called “BTC yield” is 6.9% year-to-date, in line with Strategy.

Company holdings at the moment are 499,226 bitcoin acquired for a complete of $33.1 billion, or a mean value of $66,360 per token.

This newest buy was funded by the sale of 123,000 shares of STRK, which generated about $10.7 million of internet proceeds. Strategy final week introduced a mammoth $21 billion at-the-market providing of that most well-liked inventory.

Disclaimer: Parts of this text had been generated with the help from AI instruments and reviewed by our editorial workforce to make sure accuracy and adherence to our standards. For extra data, see CoinDesk’s full AI Policy.

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