Bitcoin: Strategy Buys 811 BTC and Nears 850,000 Bitcoin

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Strategy resumed its bitcoin purchases after a week-long pause, acquiring 811 BTC for $65.5 million between October 26 and November 1. Its holdings now stand at 849,327 BTC, just 673 units short of 850,000, at an average purchase price of $75,451 per bitcoin since inception. The transaction was funded by selling 1,178,552 MSTR shares through the company’s at-the-market program, generating $164 million in net proceeds. Strategy also repurchased $208.2 million of STRC preferred stock and had $132.7 million in cash remaining as of November 1. Its MSTR at-the-market share program retains $18.6 billion in issuance capacity.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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