Key Highlights:

• The company, Strategy (MSTR), has acquired 7,390 BTC at an approximate total of $764.9 million, with an average price per bitcoin at $103,498 according to a recent filing.
• The funding for this acquisition was sourced from an at-the-market (ATM) offering of Class A common stock alongside the issuance of Series A STRK preferred stock. This latest acquisition raises their total Bitcoin holdings to 576,230 BTC.

This recent addition is part of a strategy that propels the company’s total Bitcoin investment to around $59 billion at current market rates. The average price for the entire Bitcoin stake now registers at approximately $69,726 per coin.

Financing came through the sale of common stock, amounting to approximately $705.7 million, along with issuing 621,555 shares of its preferred stock.

As of now, Bitcoin trades close to $103,000, while shares of MSTR have experienced a decline exceeding 1% in pre-market trading.