The latest update is out from Strategy ( (MSTR) ).
Between March 17 and March 23, 2025, Strategy sold 1,975,000 shares of its class A common stock, generating approximately $592.6 million, and 13,100 shares of its preferred stock, raising about $1.1 million. The proceeds were used to purchase 6,911 bitcoins for $584.1 million, increasing the company’s total bitcoin holdings to approximately 506,137 bitcoins, acquired at an average price of $66,608 per bitcoin. This move underscores Strategy’s aggressive investment in bitcoin, potentially impacting its market positioning and stakeholder interests.
More about Strategy
Strategy, operating under the name MicroStrategy Incorporated, is involved in the financial sector, focusing on the issuance and sale of securities, including common stock and preferred stock. The company also engages in significant bitcoin acquisitions, indicating a strategic interest in cryptocurrency investments.
YTD Price Performance: 1.33%
Average Trading Volume: 18,556,184
Technical Sentiment Signal: Sell
Current Market Cap: $79.18B
See more data about MSTR stock on TipRanks’ Stock Analysis page.