Strategy (MSTR) Buys $1 Billion More Bitcoin as STRC Funding Pushes Holdings Near 800,000 BTC
Strategy bought 13,927 bitcoin for about $1 billion last week, funding the purchase entirely with sales of its STRC preferred stock, according to an April 13 filing. The company now holds 780,897 BTC, bought at an average $71,902 each. No common stock was sold during the period. STRC volume rose to 15.7 million shares on April 14, trading near $100 ahead of the April 15 dividend record date.