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Benzinga
Benzinga
Business
Dylan Berman

Strategy Stock Is Trading Higher Monday: What's Going On?

Close,Up,Of,Gold,Bitcoin,Coin,Spinning,On,The,Dark

Strategy, Incorporated (NASDAQ:MSTR) shares moved higher Monday after the company added another 4,980 Bitcoin (CRYPTO: BTC) to its treasury over the past week.

What To Know: The company purchased the 4,980 Bitcoin for approximately $531.9 million, at an average price of $106,801 per coin. This brings its total holdings to 597,325 Bitcoin, acquired for a cumulative $42.4 billion.

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