Strategy uses equity sales to compound Bitcoin holdings
Strategy generated 17,585 BTC in gains in the first two weeks of April, a value estimated at $1.3 billion. The gains are a result of Strategy's use of an at-the-market equity program to sell shares of common stock (MSTR) and perpetual preferred shares (STRC) to generate capital. This capital is used to purchase Bitcoin. Most recently, the company acquired 13,927 BTC for $1 billion at an average price of $71,902 per coin. The company's total holdings now stand at 780,897 BTC
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