Strategy (MSTR) Makes $2.5B Bitcoin Buy, 3rd Largest To Date

Strategy added 34,164 bitcoin to its treasury last week, spending about $2.54 billion in one of the largest single purchases in its history, according to a Monday regulatory filing.

The acquisition was made at an average price of $74,395 per bitcoin and brings the company’s total holdings to 815,061 BTC. Strategy has now spent roughly $61.56 billion accumulating bitcoin at an average cost basis of $75,527 per coin. This is Strategy’s third largest bitcoin purchase.

With bitcoin trading near $75,000, the firm’s position sits close to its aggregate purchase price, leaving the holdings near break-even after recent market volatility.

Strategy has overtaken BlackRock in…

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