Strategy Expands Bitcoin Holdings to 628,946 BTC Amid Price Surge, Suggesting Continued Investment Potential

Key Points

1. Strategy acquired 155 BTC for $18 million at an average price of $116,401, funded by STRF stock sales.

2. The company now holds 628,946 BTC, acquired for a total of $46.09 billion at an average price of $73,288.

3. MSTR stock rose 3% following Bitcoin's price surge above $122,000, reflecting a strong correlation between the two assets.

4. Strategy's largest Bitcoin purchase this year was 21,021 BTC, financed through equity sales.

5. The company recently filed a $4.2 billion shelf registration for STRC stock offering, the largest of the year.