Strategy Buys 1,665 Bitcoin for $142.7M as Saylor Promises 'Even More Orange' - Strategy (NASDAQ:MSTR)

Strategy (MSTR) acquired 1,665 BTC for $142.7M, bringing its total holdings to 847,666 BTC worth ~$70.6B. The purchase was funded by stock sales and cash reserves. MSTR stock fell 0.75% despite the news. The company also proposed daily dividends for four preferred stocks, subject to shareholder approval.

Strategy (MSTR) bought 1,665 Bitcoin for $142.7 million, raising its total to 847,666 BTC. The purchase was funded by selling 1.47 million MSTR shares, with the rest allocated to repurchasing preferred shares. MSTR's Bitcoin treasury is now valued at $72.7 billion.

Strategy (MSTR) bought $143 million worth of Bitcoin (BTC) last week, adding 1,665 BTC to its holdings. The company now owns 847,666 BTC, valued at $70.6 billion. Strategy funded the purchase through stock sales and has $6.02 billion in cash reserves. MSTR stock is down 51% over the past year.

Strategy (MSTR) purchased 1,670 Bitcoin for $142.7M, continuing its aggressive crypto-buying strategy, as disclosed in an SEC filing.

Strategy acquired 1,665 BTC for $142.7M, bringing its total holdings to 847,666 BTC. The company also repurchased $151.7M of its STRC preferred stock. Purchases were funded by selling MSTR common stock, with $6.02B in USD assets reported.

Strategy acquired 1,665 Bitcoin for $142.7M, raising its total holdings to 847,666 BTC. The company funded the purchase by selling 1.47M MSTR shares for $246.2M, allocating $142.7M to Bitcoin and $103.5M to STRC preferred stock repurchases. Strategy's cash reserves decreased following these transactions.