Strategy’s Latest Bitcoin Acquisition: Funding Through Equity Sales

The publicly traded company Strategy continues to aggressively execute its corporate Bitcoin strategy, utilizing capital market mechanisms to fuel its purchases. A recent corporate update reveals the acquisition of over a thousand additional coins, financed directly through the sale of its own stock. This move presents shareholders with increased exposure to the cryptocurrency, but also introduces potential equity dilution.

According to a disclosure made on February 9, Strategy purchased a total of 1,142 Bitcoin between February 2 and February 8. The company spent approximately $90 million on this tranche, resulting in an average price of $78,815 per Bitcoin, inclusive of fees and expenses.

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