Funding
MSTR Raises $283.8M in Funding
MSTR, a company, has sold 2.05 million Class A shares for $283.8 million in net proceeds and purchased 1,036 Bitcoin for $81.9 million at an average price of $79,012. The company also repurchased $188.3 million worth of STRC stock. MSTR holds 850,364 Bitcoin and a $4.77 billion USD reserve and $146.2 million USD cash as of November 8, as reported in a SEC filing.