"Strategy's cumulative Bitcoin stash now carries an aggregate purchase price of $59.02 billion, with an average cost basis of approximately $75,577 per coin."
"On Sunday Apr. 12, Michael Saylor made a 'Think Bigger' post that sparked expectations that Strategy may resume large-scale bitcoin accumulation."
"Of the 47,435 BTC added to corporate treasuries during last month, roughly 44,377 BTC came from Strategy alone, underscoring how heavily overall growth now depends on a single player."
Strategy purchased 13,927 BTC for approximately $1 billion, increasing its total holdings to 780,897 BTC. The average purchase price was around $71,902 per coin. The total investment in Bitcoin now stands at $59.02 billion, with an average cost basis of $75,577 per coin. To fund these purchases, Strategy sold over 10 million shares of its preferred stock, generating $1.001 billion. The company has over $21.6 billion in remaining capacity for further investments, indicating potential for continued Bitcoin accumulation.
Read at Bitcoin Magazine
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