Strategy Inc. Buys Another 250 Bitcoin, Bringing Its Holdings to 848,250 [Crypto Briefing]

[Financial News] Strategy Inc., the publicly listed company with the world’s largest Bitcoin holdings, has bought more Bitcoin, bringing its total holdings to 848,250. According to local media reports and other sources on the 13th, Strategy Inc. bought 250 Bitcoin for about $21.5 million (about 28.8 billion won) over the week from the 5th to the 11th of this month. The average purchase price per coin, including fees, was $86,194.
With this purchase, the total amount Strategy Inc. has spent on Bitcoin purchases to date has reached about $64 billion (about 85.888 trillion won). Its average purchase price per coin, based on that amount, is around $75,444.
Strategy Inc. also bought 1,665 Bitcoin last month for about $142.7 million (about 193.6 billion won), continuing its steady buying spree.
Most of the funds for this purchase came from selling shares. The company raised $21 million by selling about 125,000 common shares, and covered the remaining $500,000 with cash on hand.
However, the prevailing outlook is that it will be difficult for the company to reach 1 million Bitcoin in holdings by the end of this year. Prediction market Myriad put the probability that Strategy Inc. will acquire 1 million Bitcoin by year-end at 5%.
[email protected] Han Yeong-jun Reporter