Crypto World
MSTR made no changes to BTC holdings last week as it raised cash
Strategy (MSTR) increased its U.S. dollar reserve by $466.7 million to $3 billion last week through its at-the-market equity program, according to a Monday regulatory filing.
The company maintains the reserve to support dividend payments on its preferred stock and interest payments on its outstanding debt.
Strategy made no bitcoin purchases (or sales), leaving its holdings unchanged at 843,775 BTC.
The company acquired its bitcoin for an aggregate purchase price of approximately $63.69 billion, including fees and expenses, at an average price of $75,476 per bitcoin.
MSTR shares are 3% down pre-market as bitcoin fell through the weekend to its current price of $62,800.
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