Strategy Inc., the Tysons Corner-based software company turned dominant corporate Bitcoin accumulator, added another 1,031 Bitcoin to its treasury last week, bringing its total holdings to 762,099 $BTC, a stockpile now valued at $53 billion.
The company disclosed the purchase today in a Form 8-K filing with the Securities and Exchange Commission, revealing it spent approximately $77 million at an average price of $74,326 per coin, funded entirely through at-the-market sales of its Class A common stock.
The acquisition is modest by recent standards. Strategy purchased 17,994 $BTC on March 9 and another 22,337 $BTC on March 16, bringing the month’s total spending to roughly $2.9 billion in Bitcoin.
cryptobriefing.com