Strategy Latest Acquisition: 6,556 BTC Added To Massive Bitcoin Stash For Half A Billion
Strategy acquired an additional 6,556 BTC, increasing total holdings to 538,200 BTC, valued at approximately $556 million. The average purchase price was $84,785 per Bitcoin. Since 2020, Bitcoin has surged by about 987.94%, reflecting its growing acceptance as a corporate reserve asset. Strategy's total Bitcoin investment amounts to around $36.47 billion, with an average acquisition price of $67,766 per Bitcoin. MSTR stock has risen 163% over the past year, currently trading at $317.20, with a market cap of $84.7 billion. The net asset value of Bitcoin holdings reached $47.03 billion, showing a daily increase of $1.19 billion. Despite this success, an accounting rule may lead to an unrealized loss of $5.9 billion for Q1. Strategy spent $7.79 billion on Bitcoin in the same quarter and has made nine acquisitions during this period. Bitcoin is currently trading at $86,900, up 3.3% weekly.
