List of Flash News about corporate BTC holdings
Time | Details |
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12:11 |
MicroStrategy (MSTR) Acquires Over 5,000 Additional Bitcoin (BTC) in Two Separate Purchases, Navigating Market Volatility
According to @rovercrc, Strategy (MSTR), the largest publicly traded holder of Bitcoin, has significantly increased its reserves through two separate recent acquisitions. In one transaction, the firm purchased 4,980 BTC for $531.9 million, bringing its reported total to 597,235 BTC at an average price of $70,982 per coin. A separate purchase involved adding 245 BTC for $26 million, which adjusted its total holdings to 592,345 BTC with an average cost of $70,681. These acquisitions were funded by selling common and preferred stock. The market's reaction was mixed; MSTR shares were reported up 1.3% premarket following one announcement and down 2.1% after the other, reflecting broader crypto market fluctuations with Bitcoin trading around $107,500 at the time. |
12:03 |
Michael Saylor's Strategy (MSTR) Buys Another 4,980 Bitcoin (BTC), Bringing Total to 597,235 BTC
According to @StockMKTNewz, Michael Saylor's company, Strategy (MSTR), has increased its Bitcoin holdings by purchasing an additional 4,980 BTC for $531.9 million last week. This latest acquisition brings Strategy's total reserves to 597,235 BTC, with an average purchase price of $70,982 per coin, as stated in the report. The source notes that the purchase was funded through the sale of common and preferred stock. This strategic move has had a positive short-term impact on the company's stock, with MSTR shares reported to be up 1.3% in premarket trading. At a Bitcoin price of approximately $107,500, the total value of Strategy's BTC holdings now exceeds $64 billion, according to the provided data. |