Strategy, the largest publicly traded corporate holder of bitcoin, announced the purchase of 535 BTC for roughly $43 million at an average price of $80,340 per coin. This brings total holdings to 818,869 BTC, acquired for $61.86 billion at an average cost of $75,540. With Bitcoin trading above $81,000, the holdings are in profit. The purchase was funded by $42.9 million raised through common stock sales, per an SEC filing. This follows Strategy's Q1 earnings call, where it signaled potential BTC sales to repay convertible debt or fund dividends, on a bitcoin-per-share accretive basis. MSTR shares rose over 1% in pre-market trading.

Key facts

• Strategy bought 535 BTC at $80,340 each for $43 million.
• Total BTC holdings now 818,869, bought for $61.86 billion.
• Purchase funded by $42.9 million from common stock sales.
• Strategy had signaled potential BTC sales for debt or dividends.
• MSTR shares rose over 1% in pre-market trading.

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