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Strategy Buys $110 Million Worth of Bitcoin

  • Strategy has acquired an additional 1,045 Bitcoin for approximately $110.2 million, making it the largest corporate holder of Bitcoin.
  • The purchase was funded through Strategy's at-the-market (ATM) sales of preferred stocks, with an average acquisition price of $105,426 per coin.
  • Strategy now holds a total of 582,000 BTC with an average acquisition price of $70,086 per coin, valued at $62.8 billion at current market prices.
  • Corporate Bitcoin adoption is on the rise, with over 100 public companies holding Bitcoin worth more than $90 billion collectively.

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