According to the company’s own information, on its balance sheet is now 638,460 bitcoins, 3% of the total emission of cryptocurrency. Since 2020, the former Microstrategy spent almost $ 47.17 billion with the average purchase cost of $ 73 since 2020 880 for one bitcoin.
Strategy explained that the capital to buy a new batch of the first cryptocurrency was attracted by the sale of ordinary shares under the ticker on the stock market of ordinary shares Mstr
And also through the placement of preferred shares. The program for the production of unlimited privileged shares of StRK, STRC, STRF and STRD in the amount of $ 21 billion, $ 4.2 billion, $ 2.1 billion and $ 4.2 billion, respectively, is an addition to the company called “42/42”. According to the plan, Strategy plans to attract capital in the amount of $ 84 billion by placing shares and bonds for the acquisition of bitcoins.
Earlier, the co -founder and executive chairman of Strategy Michael Saylor said that the fall of the market price of Bitcoin below the recently reached historical maximum is the intention to buy even more the first cryptocurrency.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.