Strategy's (MSTR) recent disclosure reported the addition of 24,869 BTC to its Bitcoin (BTCUSD) holdings, bought at an average price of $80,985. The price of Bitcoin has gone down since last Friday, although the short-term swings are hardly a matter of concern for Executive Chairman Michael Saylor. Strategy now sits on 843,738 BTC bought at an average price of $75,700.
The recent purchase was funded by the sale of Strategy 9.0% Series A Perpetual Stretch Preference Stock (STRC), which helped the company raise $1.95 billion. Strategy raised another $83.7 million by selling 430,344 class A shares.
