Posts

Showing posts with the label risk management

Strategy Reaches 553,555 Bitcoin after Latest Purchase

Image
The business-intelligence company now trading under the shorthand “ Strategy ” disclosed in a United States Securities and Exchange Commission filing on 28 April that it had bought 15,355 bitcoin during the previous week for about $1.42 billion. At the prevailing market price of roughly $95,000 per coin, the firm’s treasury comes to 553,555 BTC, valued at just over $52 billion, or about £41.5 billion. Stock Sales and Preferred Shares According to the filing, the latest tranche was financed through two at-the-market programmes that sold ordinary shares and a 10 per cent Series A perpetual preferred line. The combined offerings have raised more than $21 billion since October 2024, leaving only a small allocation still available. Strategy said the average price paid for the fresh coins was $92,737, pushing its overall average purchase cost to $68,459. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 202...