Strategy, the world’s largest corporate Bitcoin whale, has just announced the good news of a new purchase. The company, which left the MSCI delist FUD behind, albeit in the short term, now continues its exciting purchases. So how many thousand BTC did MSTR buy in the last week?
Bitcoin Breaking News
Strategy purchased 22,305 BTC, spending approximately $2.13 billion at an average price of $95,284. As of yesterday, the company had 709,715 assets for approximately $53.92 billion at an average cost of $75,979. BTC there is. The company, which alone holds more BTC than many exchanges, buys regularly. The company made so many purchases that the average cost, which was around 60 thousand dollars by the end of 2024, approached 76 thousand dollars.
The mNAV of MSTR shares is also above 1 again. The metric rising to 1.11 allows Strategy to borrow more and buy BTC. Amid MSCI delist concerns, investors were worried about mNAV remaining below 1.
In this scenario, the company would have to buy back shares by selling BTC (ETHZilla This scenario (what we see with crypto reserve companies like ) fortunately did not happen.
