Strategy bought more bitcoin last week, adding 2,486 BTC for $168.4 million.
Purchase details
The company said the buys were made at a time when bitcoin was trading near $68,000, according to a market price cited in the report.
Strategy’s total holdings now stand at 717,131 BTC.
It has acquired that stack for $54.52 billion, or an average cost of $76,027 per bitcoin.
With bitcoin around $68,000, the position implies an unrealized loss of roughly $8,000 per coin, or about $5.7 billion in total.
Funding and filing
The purchases were funded through $90.5 million in common stock sales and $78.4 million from sales of the company’s STRC preferred series, according to a Tuesday morning filing.
Strategy’s bitcoin position is tracked among public-company holders in Bitbo’s Strategy’s historical bitcoin holdings.
Stock move
MSTR shares were down 3.2% in premarket trading.
The stock was also down more than 60% year-over-year.
