Strategy's $739.8 million USD fund added to BTC last week still came from stock sales
BlockBeats News, July 22, Bitcoin giant Strategy announced today that it has once again increased its holdings by 6,220 BTC last week, spending $739.8 million in cash, with an average purchase price of $118,940.
This latest acquisition has brought Strategy's total Bitcoin holdings to 607,770 BTC, with an acquisition cost of approximately $43.61 billion, and an average cost per Bitcoin of $71,756. Based on the current market price, the company's Bitcoin reserves are valued at $72 billion, locking in nearly $28 billion in unrealized profits.
Notably, according to documents released by Strategy, the funds for this BTC purchase mainly came from the sale of MSTR stock, with the company selling 1,636,373 shares of MSTR to raise approximately $7.364 billion. The company also disclosed that the remaining funds were obtained through minor sales of shares of STRK, STRF, and STRD, raising a total of $3.9 million.
At the time of writing, MSTR's stock price is currently at $430.23, up 1.66% during the trading day.
You may also like

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

DeepSeek Financing Story

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?




