Exchanges· ★★★· neutral·

Strategy's Market Cap Jumps 80% in Three Months, Stock Gains 54%

  • Market cap rose from $39.3B to $70.9B as the stock went from $109.46 to $168.50
  • About 61.5 million new shares sold via ATM for $6.3 billion in net proceeds
  • Bitcoin holdings stand at 846,000 BTC at an average cost of $75,416
  • In the week to Sept. 20 it bought 950 BTC for $75.7M and repurchased 1.77M STRC shares for $174M
Why it matters: Part of the market-cap gain came from share dilution, a key factor for assessing MSTR's premium to its bitcoin holdings.
Source: Bitcoin.com