Particle.news
Download on the App Store
8 ARTICLES
·
23m ago

Strategy Adds 220 Bitcoin, Lifting Treasury to 640,250 BTC

The purchase was financed with about $27.3 million raised through STRF, STRK, STRD at-the-market programs.

Strategy purchases 220 Bitcoin for $27.2M at $123,561 per BTC

Overview

  • The Oct. 6–12 buys totaled roughly $27.2 million at an average price of $123,561 per bitcoin, according to the latest filing.
  • ATM proceeds were generated by selling 170,663 STRF shares for $19.8 million, 16,873 STRK for $1.7 million, and 68,775 STRD for $5.8 million.
  • The company’s bitcoin position now carries an aggregate cost of about $47.38 billion with a blended cost basis near $74,000 per BTC.
  • Remaining issuance capacity reported as of Oct. 12 includes STRF at $1.7 billion, STRD at $4.1 billion, STRK at $20.3 billion, and MSTR at $15.9 billion.
  • On Oct. 13, bitcoin traded above $114,000, and coverage described Strategy as the largest corporate holder with approximately 640,250 BTC.