Cryptocurrency
fromnews.bitcoin.com
6 hours agoStrategy Estimated to Have Bought 2,110 BTC Today Using STRC Proceeds
Strategy is estimated to have bought about 2,110 bitcoin on May 13 using proceeds from its STRC perpetual preferred stock program.
The company paid an average price of $90,615 per bitcoin during the Dec. 1-7 period, according to a regulatory filing and a statement from Executive Chairman Michael Saylor. The purchase lifts Strategy's total bitcoin holdings to 660,624 coins, accumulated for roughly $49.35 billion at an average cost of $74,696 per bitcoin. At current prices near $94,000, Strategy's bitcoin stash is valued at about $60.5 billion, leaving the firm with an estimated $11 billion in unrealized gains.