Strategy resumes Bitcoin purchases, adding $330M in BTC


Strategy added 4,871 Bitcoin worth about $330 million in the first week of April, resuming purchases after a short hiatus and bringing its stash to about $767,000 BTC.

At the Bitcoin price of $ 69,430, the company’s assets are about $ 53 billion, and unrealized losses are close to $ 5 billion.

ATM transactions in two explanatory windows

The purchase was paid for with funds from Strategy’s market share program, according to the latest SEC filing. to reveal.

In the last two days of March, the company sold about 2.3 million shares of its STRC preferred stock for $227 million and 583,000 MSTR common shares for $72 million, not buying Bitcoin during that time.

From April 1 to April 5, Strategy sold more than 1 million shares of STRC for approximately $103 million and 593,000 shares of MSTR for $72 million. The cumulative total over the entire period was approximately $474 million, of which $330 million was sent to Bitcoin.

Under the current ATMs, Strategy has approximately 27 billion MSTR shares and 22.6 billion STRC shares outstanding. STRK and STD hold more than 2 billion and 4 billion shares, respectively, without trading, while preferred STRF still holds 1.6 billion shares.

Q1 impossible loss

For the first quarter, Strategy recorded an unrealized loss on digital assets of $14.5 billion and a taxable profit of $2.4 billion, while the digital assets were carried at approximately $52 billion and $1.7 billion of tax savings. Numbers are basic and uncountable.

Shares of MSTR rose before the market opened on Monday, According to Yahoo Finance.

Disclosure: This article was edited by Vivian Nguyen. To learn more about how we create and review content, see our Maintenance Procedure.





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