Strategy Acquires Over $286 Million Worth of Bitcoin

Michael Saylor’s company, Strategy, made a significant investment in Bitcoin with the purchase of 3,459 BTC between April 7 and 13. This latest acquisition cost around $286 million and brings the company’s total holdings to over 531,644 BTC, worth nearly $45 billion at current market prices. The funds for the Bitcoin purchase came from a recent Common ATM equity offering that generated approximately $286 million in net proceeds after selling 959,712 shares of MSTR.