Under the leadership of Executive Chairman Michael Saylor , Strategy purchased an additional 1,031 Bitcoin, bringing its total holdings to 762,099 BTC.
Michael Saylor's Strategy (MSTR) firm continued to increase its Bitcoin holdings last week, but at a significantly slower pace than recent purchases.
Specifically, last week the company purchased an additional 1,031 Bitcoin at a total cost of $76.6 million, equivalent to approximately $74,326 per BTC.
Strategy's total holdings currently stand at 762,099 BTC, purchased at a total value of approximately $57.69 billion, equivalent to an Medium price of $75,694 per Bitcoin.
According to filings released on Monday, the entire amount of newly purchased Bitcoin was financed through the sale of common stock.
This purchase was on a much smaller scale than two weeks earlier, when the company spent over $1 billion to buy Bitcoin, taking advantage of the STRC preferred stock issuance.
Currently, Bitcoin is trading around $70,000. MSTR shares rose 1.7% in pre-market trading.
