What to know:
- So, in a move that totally isn’t just to show off, Strategy Monday morning gleefully announced they’ve snatched another 130 BTC for the not-so-bargain basement price of ~$10.7 million, which is an average of $82,981 per coin. π
- As of March 16, theyβre hoarding total holdings of 499,226 BTC, which was acquired for a jaw-dropping ~$33.1 billion, or about $66,360 for each little slice of digital pie. π₯§πΈ
In yet another stellar display of financial genius, Strategy (MSTR) went ahead and added to its already massive bitcoin (BTC) holdings. I mean, who wouldnβt want a bit more of that shiny, volatile goodness? They sold a minuscule amount of their preferred stock (STRK) to fund this delightful shopping spree.
Just last week, the company casually splurged on 130 bitcoin for a cool $10.7 million, which is just pocket change if you’re keeping score. Apparently, the so-called “BTC yield” is sitting pretty at 6.9% year-to-date. ππ
As it stands, company holdings are now at a staggering 499,226 bitcoin, all for a charming total of $33.1 billion, or an average of $66,360 per shiny token. Who else wants a piece of this action? πββοΈπ
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2025-03-17 15:30