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Strategy (NASDAQ: MSTR), the world’s largest corporate holder of Bitcoin, expanded its treasury again last week as prices briefly dipped below $110,000.
According to a U.S. Securities and Exchange Commission filing on Monday, the company acquired 196 BTC for $22.1 million at an average price of $113,048 per coin.
The purchase, funded through both an at-the-market stock program and perpetual preferred stock issuance, Strategy’s ninth consecutive week of Bitcoin accumulation.
With this latest buy, Strategy now holds 640,031 BTC, acquired at an aggregate purchase price of $47.35 billion—or an average of $73,983 per coin.
Bitcoin bounced back on Monday, recovering from recent…
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