Strategy Increases Bitcoin Reserves by $10 Million
Date: 2025-03-18 Author: Henry Casey Categories: BUSINESS
The average price of Bitcoin in the deal was $82,981 per coin.
The purchase was financed through an ATM program that provides for raising capital up to $21 billion for further investments in the cryptocurrency.
With the latest acquisition, Strategy has increased its Bitcoin reserves to 499,226 BTC. The total cost of their acquisition reached $33.1 billion, with the average price being approximately $66,360 per coin.
At the opening of trading on March 17, Strategy (MSTR) shares fell by 2.60%, falling to $289.7, according to MarketWatch.
Earlier, on February 24, the company purchased 20,356 BTC for $1.99 billion, paying an average of $97,514 per bitcoin.
