Strategy disclosed that it did not increase its Bitcoin holdings last week
PANews reported on March 10, according to the latest 8-K report submitted by Strategy (formerly MicroStrategy), from March 3, 2025 to March 9, 2025, under the company's market price stock issuance plan, no Class A common shares were sold and no bitcoins were purchased. As of March 9, 2025, Strategy and its subsidiaries collectively hold approximately 499,096 bitcoins with a total purchase price of about $33.1 billion USD; the average purchase price is approximately $66,357 per bitcoin (including fees and expenses).
Earlier today it was reported that Strategy has filed a prospectus intending to issue up to $21 billion in preferred shares. This issuance aims to raise funds for general purposes including potential Bitcoin acquisitions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks ignore high yield warnings! Tech stocks lead gains, pushing the S&P 500 near historic highs
As investors largely ignored concerns arising from bond yields reaching multi-decade highs, tech stocks led the rally, pushing the S&P 500 close to its historical high.
BUZZ - Australia's Stakk shares surge due to IBM software contract
On October 5th, Stakk (SKK.AX) shares rose as much as 26.1% to AUD 0.029, marking the largest intraday gain since September 29. The digital trust technology company announced that IBM will use its AI-driven document processing and verification software under a contract. The software will be deployed across Australia and New Zealand. The initial contract term is one year and will immediately generate revenue for the company. Including today's trading, the stock has declined 30.3% so far this year.
The Japanese Yen firms on a BoJ speech about AI and gives it all back
OpenAI reportedly in talks with UAE capital for $30 billions financing; multiple funds may form a consortium to invest up to $10 billions
According to sources familiar with the matter, OpenAI is in funding talks with several UAE investment funds, including Abu Dhabi’s MGX, in hopes that they will become key investors in a new funding round of at least $30 billions.
Crypto prices
More
