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Strategy Buys $26 Million Worth Of Bitcoin

  • Strategy continues its steady Bitcoin accumulation strategy by purchasing an additional 245 Bitcoin for $26 million.
  • The company now holds a total of 592,345 BTC with an average price of $70,681 per coin.
  • The purchase was made through an at-the-market equity offering program, selling preferred stock to fund the acquisition.
  • Despite recent market volatility due to geopolitical tensions, Strategy maintains its consistent Bitcoin accumulation approach.
  • Bitcoin recovered from weekend lows following U.S. airstrikes on Iranian nuclear facilities.
  • Strategy reports a Bitcoin yield of 19.2% year-to-date, nearing its 25% target for 2025.
  • This marks Strategy's tenth consecutive week of Bitcoin purchases, demonstrating its long-term commitment to digital asset accumulation.
  • Strategy's shares were down 1.55% in premarket trading, with Bitcoin trading at $101,654.

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