Strategy Bought Nearly $1B in Bitcoin Last Week as Saylor's Company Returns to Big Purchases

Strategy (MSTR), the largest publicly traded company holding bitcoin, returned for at least one week to making notably large purchases of bitcoin (BTC). The company added 10,624 bitcoin last week for $962.7 million, or an average price of $90,615 each. The acquisition was funded mostly by the sale of $928.1 million in common stock; there was also the sale of STRD preferred stock raising $34.9 million. Total bitcoin holdings now stand oat 660,624 coins acquired for $49.35 billion, or an average cost of $ ...