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Benzinga
Benzinga
Business
Murtuza J Merchant

Strategy Just Bought Another 4,048 BTC—How Far Can Corporate Bitcoin Holdings Go?

Apex,,North,Carolina,-,April,23,2025:,Strategy,Microstrategy,Mstr

Strategy Inc. (NASDAQ:MSTR) disclosed it has acquired 4,048 Bitcoin (CRYPTO: BTC) for approximately $449.3 million, paying an average of $110,981 per coin.

What Happened: The purchases, made between Aug. 26 and Sep. 1, raise the company's total Bitcoin holdings to 636,505 BTC, acquired at an aggregate cost of $46.95 billion, or $73,765 per Bitcoin.

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