Strategy (MSTR) — the original and leading bitcoin treasury company — added 430 bitcoin to its stack last week.
Led by Executive Chairman Michael Saylor, the company made these latest purchases at an average price of $119,666 each for a total of $51.4 million
Strategy now holds 629,376 bitcoin purchased at an average pice of $73,320 each. Bitcoin’s large overnight decline has brought the price down to $115,000, making MSTR’s stack worth about $72 billion.
MSTR shares are lower by 2.2% premarket and lower by more than 10% over the past week. Shares remain higher by about 20% year-to-date.