“The Michael Saylor-Led Company Now Holds 568,840 Bitcoin.”, – WRITE: www.coindesk.com
This Latest Acquisition Brings Strategy’s Total Bitcoin Holdings to 568.840 BTC, Now Worth Over $ 59 Billion Billed On the Current Bitcoin Price of Around $ 104,000. The AVERAGE PURCHASE PRICE ACRICS The Company’s Entire Stack Has Now Adjusted to $ 69,287.
The Purchase Was Funded Through Two Capital-Raising Mechanisms: An at-Market (ATM) Offering of Its Class A Common Stock, and the Issuance of Shares Froms. Between May 5 and May 11, The Company Raised $ 1.31 Billion Through the Sale of Common Stock and Issued 273,987 Shares of the Preferred Stock Series.
Shares of Mstr Are Trading 2% Higher in Pre-Market Hours.
In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin, Microstrategy (MSTR), and Semler Scientific (SMLR).
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