The average purchase price for 4.6 thousand BTC was $80.3 thousand. The company now holds 845 thousand BTC ($66 billion) — 4% of the coin’s supply. Unrealized profit is $2.3 billion (3.6%). Strategy financed the purchase through the sale of its MSTR common shares for $602.8 million.
It also redeemed $151.8 million of STRC preferred shares and set aside $50.7 million for dividend payments. The remaining $30 million was added to the company’s reserves of $1.6 billion.
At the same time, Bitmine bought 53.5 thousand ETH ($129 million). However, the company’s unrealized loss on its ETH investments stands at $5.2 billion (26.3%).