Markets, Bitcoin, MicroStrategy, Digital Asset Treasury, News The fresh acquisition was funded via sales of the company’s STRK and STRF preferred stock. 

Strategy (MSTR), the largest publicly traded company holding bitcoin (BTC), boosted its BTC reserves by buying 4,980 BTC for a total of $531.9 million last week.

This addition brings Strategy’s total bitcoin holdings to 597,235 BTC purchased for $42.4 billion, or an average price of $70,982 each. At bitcoin’s current price of about $107,500, that stack is worth more than $64 billion.

Strategy financed the purchase through proceeds raised from the at-the-market (ATM) equity offering programs for its preferred-stock classes, STRK and STRF.

MSTR shares are up 1.3% premarket.

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