Strategy has added 592 Bitcoin to its holdings between February 17 and February 22. The company paid an average price of 67,286 dollars per Bitcoin.
The total aggregate purchase value stands at 39.8 million dollars. The move reinforces Strategy’s long term commitment to Bitcoin as a treasury reserve asset.
Bitcoin remains the company’s core balance sheet strategy. Each new purchase strengthens its position as one of the largest corporate holders of Bitcoin globally.
Strategy Bitcoin purchase details
The latest acquisition of 592 Bitcoin came at an average cost of 67286 dollars. That places the total investment for this batch at 39.8 million dollars.
Corporate Bitcoin accumulation often signals confidence in long term price appreciation. Strategy has consistently used excess capital and financing tools to increase its Bitcoin reserves.
The February 17 to February 22 buying window suggests the company took advantage of market pricing during that period.
Impact on Bitcoin price and MSTR stock
Large scale Bitcoin purchases by public companies often attract market attention. Investors track these announcements closely. Accumulation at 67286 dollars reflects a strong conviction in future upside.
Strategy’s stock, often associated with Bitcoin price movement, may see increased volatility following such updates. The company’s exposure to Bitcoin directly links its balance sheet performance to crypto market trends.
With 39.8 million dollars deployed in this latest transaction, Strategy continues to double down on its Bitcoin focused treasury model. The market will now watch future filings for updated total holdings and average cost basis.
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