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WallStreet Forex Robot 3.0
CoinDesk 2025-03-03 13:40:34

Strategy Bitcoin Holdings Steady Last Week; Company Declares First Preferred Dividend

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR)Strategy (MSTR) on Monday morning confirmed it did not purchase additional bitcoin (BTC) in the week ended Sunday, keeping its total holdings at 499,096 BTC. Led by Michael Saylor, the company has notably been making sizable bitcoin purchases nearly every week for the past few months. Strategy — amid major slumps in the price of bitcoin and its stock price — however, did not raise any additional capital with which to buy BTC last week. The company's current stack was acquired for approximately $33.1 billion, or an average price of $66,357 per token. After the rally in bitcoin to the $93,000 level over the weekend, Strategy has an unrealized profit exceeding $13 billion. Additionally, the company announced the initial quarterly cash dividend for its 8.00% Series A Perpetual Preferred Stock (STRK). The dividend, prorated from Feb 5, 2025, will be $1.24 per share, payable on March 31 to stockholders of record as of March 15.Alongside the recovery in bitcoin's price, Strategy shares are higher by 13% in premarket action to $289 but remain lower by nearly 50% from a record high touched in November. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk’s full AI Policy .

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