Strategy acquires 6,911 bitcoin for $584.1M in cash

In a regulatory filing, Strategy (MSTR) said, “On March 24, the company announced that, during the period between March 17 and March 23, the company acquired approximately 6,911 bitcoin (BTC)s for approximately $584.1M in cash, at an average price of approximately $84,529 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the Common ATM and the STRK ATM. As of March 23, the company, together with its subsidiaries, held an aggregate of approximately 506,137 bitcoins, which were acquired at an aggregate purchase price of approximately $33.7B and an average purchase price of approximately $66,608 per bitcoin, inclusive of fees and expenses.”