Strategy's 848,517 Bitcoin Treasury Shapes MSTR Shareholder Exposure

Strategy Inc.'s 848,517 Bitcoin (BTC) holdings make its MSTR shares closely tied to the asset, but debt, preferred stock and new share issuance shape common shareholders' exposure. The Nasdaq-listed company's Bitcoin holdings had cost $64.02 billion, including fees and expenses, as of Oct. 18. That works out to an average purchase cost of $75,446 per BTC. The figures describe what Strategy paid, not what the coins are worth now. Owning MSTR also gives a shareholder no right to withdraw Bitcoin from the company's treasury.

Source: TokenPost