Strategy buys 2,932 bitcoin for $264 million funded by common and preferred shares

Bitcoin treasury company Strategy (NASDAQ: MSTR) purchased 2,932 bitcoin for some $264 million between January 20 and January 25, according to a regulatory filing released Monday. The company paid an average price of  $90,061 per bitcoin. The new acquisition brings the average price of total Bitcoin holdings to $76,037 per bitcoin. The firm sold 1,569,770 shares of its common stock for $257 million to fund the purchase. Strategy raised additional $7 million from 70,201 shares of its Variable Rate Serie ...