Strategy Inc. (NASDAQ:MSTR) bought 4,603 Bitcoin (CRYPTO: BTC) for $370 million Monday, ending a two-month buying drought after Michael Saylor posted “We’re Back” on Sunday.
How Much Bitcoin Did Strategy Buy?
Saylor posted on X Monday that Strategy acquired 4,603 BTC at an average price of $80,382 per coin, lifting total holdings to 845,050 BTC.
Alongside the Bitcoin purchase, the company increased its USD Cash balance by $29 million and repurchased $152 million worth of STRC preferred stock.
Total US dollar assets now stand at $6.71 billion with net leverage at 0%.
