Strategy Inc. (NASDAQ:MSTR) has added 430 Bitcoin (CRYPTO: BTC) to its corporate treasury for approximately $51.4 million at an average price of $119,666 per Bitcoin, according to its Aug.18 SEC filing.
The company now holds 629,376 BTC acquired at an aggregate purchase price of $46.15 billion, translating to an average cost of $73,320 per Bitcoin.
Year-to-date, Strategy’s Bitcoin yield stands at 25.1%.
The purchase was funded through proceeds from its at-the-market preferred stock programs, reflecting the company’s continued approach of leveraging capital markets to expand its Bitcoin position.
Strategy’s treasury update underscores its role as …