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Strategy announced that it purchased 2,932 Bitcoins between January 20 and 25, worth approximately $264 million, at an average price of $90,061 per Bitcoin.
As a result, the total number of Bitcoins it holds has increased to 712,647, which is worth approximately $62.5 billion at current prices.
The company funded these purchases through net proceeds from the sale of securities within the ATM program, according to its latest disclosure to the U.S. Securities and Exchange Commission (SEC).
Over the past week, Strategy sold approximately 70,201 shares of STRC stock and more than 1.6 million shares of MSTR stock, providing approximately $264 million in funding for the transaction.
The move is part of the company’s continued focus on Bitcoin as a primary reserve asset for its finances under the leadership of Michael Saylor, who continues to make accumulation strategies an important part of the company’s financial policy.
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