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Strategy Buys 4,603 Bitcoin for $369.7 Million, Ending 10-Week Hiatus

CoinDesk +1 ·

MSTR Strategy Inc
$132.94 +4.42%
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  1. 1Strategy (MSTR) purchased 4,603 bitcoins for $369.7 million in the week ended August 30, ending a 10-week pause.
  2. 2The company raised net proceeds of $602.8 million by selling 4.53 million shares of common stock through an at-the-market offering, then bought at an average of $80,318 per bitcoin, including fees.
  3. 3It now holds 845,050 bitcoins at an average price of $75,412. Shares closed up 4.4% at $132.94 on Monday.

This 3-line summary is compiled from the report below.

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