June 09, 2025
11 11 11 AM
Latest Post
Trump Media and Semler Scientific Could Be Cheapest Bitcoin Treasury Companies by This Metric U.S. SEC Chair Says Working on ‘Innovation Exemption’ for DeFi Platforms Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays Paraguay President’s X Account Hacked, Shares Bitcoin Scam Red-Hot Circle Already Has Two ETFs Devoted to It in the Works BNB Price Climbs in Strong Rebound as Trump-Musk Spat Uncertainty Fades Chainlink’s LINK Stages V-Shape Recovery After 14% Plunge UK Appoints First Crypto Specialist for Insolvencies AVAX Forms Critical Short-Term Support at $20.25 Level KULR Plans to Raise Up to $300M to Fuel Bitcoin Purchases

Michael Saylor’s Strategy Added 1,045 Bitcoin for $110M Last Week

Michael Saylor-led Stategy (MSTR) yet again topped up its sizable bitcoin BTC holdings last week, adding an additional 1,045 BTC for $110.2 million.

The average purchase price of this latest buy was $105,426 each and the average purchase price for the company’s 582,000 coin stack rose to $70,086 each. With bitcoin trading at about $107,500 Monday morning, MSTR’s holdings are worth roughly $62.5 billion.

Last week’s buys were funded via at-the-market sales of MSTR’s STRK and STRF preferred stocks, according to an SEC filing.

MSTR stock is higher by 2% in premarket action as bitcoin rose from Friday’s close in the $105,000 area.

This post was originally published on this site