Strategy, the world’s leading Bitcoin treasury firm, strengthened its BTC reserves as it added 525 BTC worth approximately $60.2 million. The average purchase price per BTC stood at $114,562.
Latest data shows that Strategy now holds a total of 638,985 BTC on its balance sheet, currently worth slightly more than $73 billion. The average purchase price of the total holdings hovers around $73,913 per BTC, while the total acquisition cost stands at $47.2 billion.
Notably, Strategy’s latest BTC purchase was made through proceeds from at-the-market sales of its Perpetual Strike preferred stock STRK, perpetual Stride preferred stock, STRD, and perpetual Strife preferred stock, STRF.
Following today’s purchase, Strategy’s stock (MSTR) is currently down 2.15%, trading at $324.31 at the time of writing. However, the stock is up 11.89% on a year-to-date (YTD) scale.
In terms of publicly-listed companies with the highest amount of ETH held, BitMine tops the list. Other entities that make up the top five are SharpLink, Coinbase, Bit Digital, and ETHZilla.
