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    Strategy acquires 592 Bitcoin at over $67,000


    Strategy Inc., the business intelligence firm that has made Bitcoin its primary treasury asset, added 592 BTC to its holdings during the week ending February 22, paying nearly $40 million at an average cost of $67,286 per coin.

    The purchase brings the company’s total Bitcoin stockpile to 717,722 coins, valued at approximately $48 billion at current market prices.

    According to a new SEC filing, Strategy funded the acquisition by selling 297,940 shares of its Class A common stock through an at-the-market program, generating almost $40 million in net proceeds after commissions.

    The company retains substantial capacity for additional purchases, with around $37 billion still available across its various ATM offerings as of February 22.

    Since pivoting to digital assets in August 2020, the Virginia-based firm has emerged as the largest corporate holder of Bitcoin among publicly traded companies.





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