According to a deposit of the MEDE on Monday, the strategy purchased Bitcoin at an average price of $ 95,167 for money between April 28 and May 4th. The acquisition brings the total participations of the company to 555,450 BTC, acquired for about $ 38.08 billion at an average price of $ 68,550 per bitcoin.
The latest purchase was financed through a combination of ordinary shares and sales of privileged shares, with $ 128.5 million collected through the ordinary ATM of the strategy and $ 51.8 million through the sales of privileged Strk actions. The transaction exhausts in particular the previous 21 billion dollar ATM of the strategy launched last year.
Last week, the strategy announced its intention to double its capacity for collecting capital, introducing a new 21 billion dollar ATM offer and expanding its debt purchase program to $ 42 billion. The expanded programs report the company’s intention to continue its strategy of Bitcoin accumulation.
The strategy remains the largest company holder of Bitcoin, with its participations representing about 2.64% of the maximum supply of Bitcoin. At current prices of approximately $ 94,000, the company’s Bitcoin Stack is evaluated at over $ 52 billion.
The purchase arrives in a strong institutional demand for Bitcoin through regulated vehicles, with Ishares Bitcoin Trust (Ibit) of BlackRock who recorded huge inflows in the last 2 weeks.
The strategy shares decreased by 2.7% in the pre-market negotiations on Monday after gaining over 3% last Thursday. Bitcoin currently exchanges at $ 94,497, down 1.14% in the last 24 hours.